Comparison of Speed Points, Card Machines and Merchant Services in South Africa.
Compare WAPPoint VS Banks VS Independent Service Providers
When comparing merchant services in South Africa, make sure you are aware of all the pros and cons of each supplier. Each merchant supplier has their own pricing structure and offers a different kind of service. If you are only looking for the lowest priced card machine, keep in mind that with that, comes limited services or extras. Additional services come in very handy when you least expect it.
No matter if you are shopping around for speed points, wireless card machines, smartphone terminals or snap and pay systems, you must always ask these basic service questions before you choose a merchant service provider:
- Can I upgrade or downgrade my contract with my service provider?
- If my device breaks, how fast can I get a new one and what are the procedures?
- How much would I have to pay extra for a new device if something happens to my old one?
- If I am exhibiting at an event and I urgently need another card machine or my speed point isn’t working, where can I get a device or how can I keep accepting card payments?
| WAPPoint | Banks (Most SA Banks) | Independents (Most Non Bank Service Providers) | |
|---|---|---|---|
| Offers mobile card readers with bluetooth connection | |||
| Offers wireless speedpoints to rent or purchase | |||
| Offers an eCommerce plugin for online store | |||
| Offers MasterPass Snap & Pay | |||
| Can beat or match transaction fees | |||
| Offers short term or event rental options | |||
| Assigns a dedicated Account Manager to your account VS waiting on helpdesk | |||
| Backup devices available at events | |||
| Offers free backup terminal to clients | |||
| Online reporting, client area to view and export transactions, invoices and settlement reports | |||
| Get paid in cash for successfully referring your friends | |||
| No minimum turnover requirements |
