Tel: +27 (0) 12 845 0001


MEC, Payment Solutions, Flex Pay





Employee Benefits



Mobile Transacting
Internet Banking Access
Payments at all POS’s
Withdrawals at all ATMs

Cost effective
Access to value added products
Linking of Additional Cards
Lost Card Protection Benefit

Only the employer requires FICA
Available on MasterCard network



Employer Benefits



One payroll EFT transaction
No more cash payments
Quick and secure payments
Local and Foreign Employees



Costs



TRANSACTIONAL FEE'S

TRANSACTION FEE
ATM withdrawal local
(R4.75 + 90c/R100 or portion
*cost will vary, example R180
withdrawal cost will be
less than the R250 cost)
R100 = R5.65
R 250 = R7.45
R 500 = R9.25
R1 000 = R13.75
R1 500 = R18.75
R2 000 = R22.75
ATM Balance Enquiry R 4.90
ATM Decline R 4.90
POINT OF TRANSACTION
Local Purchase R2.80
Cash @ POS R3.50
MOBILE TRANSACTION
Balance Enquiry R2.00
Airtime Purchase R2.00
Card Block R2.00
Mini Statement R4.00
OTHER TRANSACTION
Monthly Admin Fee R20.50
SMS Balance R1.50
30 Day Statement R4.00
SMS NOTIFICATION ON
Transactions R0.50
Pin Reset R2.35
CARD FEE'S
Card Insurance Cost R20.00 per card (Excluding Delivery)
Card Replacement Cost R30.00 per card (Excluding Delivery)

Payment Solutions

Our payment solution is a fully functional debit card system providing you with complete control over your payroll.

Each employee is issued with their own debit card which can be used for point of sale (POS), cash withdrawal and EFT transac/ons among others.

Our payment solution platform is hosted by Flex Pay.

The Debit Card is backed by

Mercantile Bank, MasterCard, Flex Pay Debit Card

VALUE FOR MONEY

When comparing our solution to the major banking competitors, we are ranked 2nd cheapest based on a set basket of transactions.

The major distinguisher being no need for individual FICA requirements for up to R 25,000 transaction value per month.

PRODUCTS AND SERVICES

Our solution can incorporate several customisable value add-on products and services at reduced rates:

  • Funeral Benefit and Repatriation of Body
  • HIV Programme
  • Accidental Death
  • Disability
  • Medical Emergency Services


CURRENT CLIENTS

ZZ2, J&J Construction, KaiThai, HR Securities, Mahela, Laeveld Sitrus, BB Group, Komati Group

Solution Minded

Insurance that works for you

Get a Quote
MEC, Solution Minded, Insurance that works for you