Billing & Payment Terms
Techexchange offers multiple safe and secure online payment options using Payfast, Ozow, Payflex, Happy Pay and Mobicred and direct Electronic Transfers to our FNB Bank account and or cash deposits. Please note if an arrangement has been made to collect your device from our head office or one of our partner stores payment will need to be cleared before collecting unless authorised by management.
PayFast is one of the largest online payments processing gateways in South African for all credit and debit card payments. Payfast ensures both customer and merchant transactions are securely and safely processed. Select Payfast at checkout to pay easily with your credit or debit card and receive instant confirmation that your payment has been processed. Visit Payfast’s website to learn more about their payment options.
Ozow offers an instant secure EFT at no additional cost using a simple 3-step process integrating directly with all major South African banks. Payments are securely processed and instantly confirmed with Techexchange. None of your credentials or personal details is stored online. For more information visit Ozow’s website to find out more about their service.
EFT Payments can be made directly to Techexchange’s FNB bank account. Payments will need to clear before products can be dispatched. Banking details will be provided on the invoice once EFT is selected as a payment method on checkout. Please use your Order ID as a reference with your payment and send proof of payment to sales@techexchange.co.za to ensure the payment is allocated correctly.
Cash Deposits are accepted but customers will be required to pay any additional amount to cover the bank’s deposit fees. It is the responsibility of the customers to ensure the total cash amount received is in full before a product is released. No Cheque deposits will be accepted unless approved by management. Please select the EFT payment method on checkout to make a cash deposit and Techexchange’s banking details will be provided on the invoice.
Buy Now Pay Later
Happy Pay is a Buy-Now-Pay-Later (BNPL) platform that allows you to buy the things you want now and spread the costs over your next two paycheques. No deposit is required. Your first instalment (50% of total amount) is due on your first payday following your purchase, and the remaining 50% is due on your subsequent payday post-purchase.
All you need is a bank account and your basic details, it’s a breeze. To apply for your Happy Pay account, click here https://happypay.co.za/login?source=new and follow the short process. They’ll do an assessment and immediately give you a spending limit. Select Happy Pay on the checkout page to get your order upfront and pay later.
Payflex allows you to split the cost of the purchase up into 4 equal, interest free payments. When checking out you will need to complete a quick form and be instantly vetted. Upon approval, pay the first 25% of your purchase as a deposit, using your existing credit or debit card with no interest charged and receive your order upfront. Please note the full amount needs to be available on your card which is reserved and Payflex will then debit 25% of the total value every second week until the full payment is made over 6 weeks. for more info click here: https://payflex.co.za/#howitworks/
Mobicred offers monthly credit instalments to pay your purchase off over 6-12 months. You can apply for credit at www.mobicred.co.za Requirements: South African ID and 3 months recent bank statements. Once approved you can then proceed to purchase the phone and select Payfast then Mobicred as the payment option. Pay a deposit and get the phone upfront and pay off the balance over the selected approved months
For any queries regarding billing and payments please send an email to sales@techexchange.co.za or Call and WhatsApp Techexchange on 0724392243.
