Companies
Become an Authorised SendSpend Merchant.
Merchant Onboarding
Start accepting electronic payments from your Customers Instantly!
- Whether you’re a Small/Medium Business or Large Business, we have a solution for you
- Suitable for e-commerce online shops
- Suitable for Apps i.e. Netflix
- Suitable for physical stores
Documents Required
- Proof of Trading Address and Registered Address of the business
- Proof of Address of Directors
- Proof of identity (ID Card or Passport) of owner or directors if a company
- Proof of Registration (for companies), including company number and tax numbers
- Proof of Bank Account
- Details of Ultimate Beneficial Owners
Benefits of SendSpend as a Payment Option
- Allow people who don’t have a bank account or payment card to pay you electronically
- Lower Payment Processing Fees than most regular payment cards
- Tap into a whole new market of unbanked people, 1.7 billion across the globe.
- Quick and Easy for shoppers to download the SendSpend App from Google Play Store and sign up in a matter of minutes.
- Highly Secure Transaction. 2 Stage Transaction Authentication (PIN and OTP) for customers – reduces the risk of fraud and customer disputes.
Merchant Services API
Payment Gateway for online merchants to receive payment from SendSpend Customers – Plugins for selected e-commerce shops and easy to implement API for others.
Pricing
SendSpend charges a Flat Rate Payment Processing Fee ranging from 2.5% – 4% depending on volumes.
- No Minimum Transaction Fee
- No Monthly Fees
- No Denied Transaction Fees
- No Refund Fees
- No Pre-Authorisation Charges
- Low Transaction Costs
Merchant Remittance
Payments are remitted within 72 hours to your nominate bank account.
Transaction Limits
Transaction Limits will be advised when your Merchant Account is activated.