iK Vend Commission

These are the sales commission percentages that you'll earn when processing card sales on iK Vend or when completing a transaction using the iKash in your iK Wallet. The commission will be stored in your iK Wallet as iKash.

 

Prepaid Type

iKash

Card

Airtime & Data

3%

2%

Prepaid Utilities (Electricity, Water, Gas)

1%

1%

Bill Payments (DSTV Now)

R2.00

R1.50

Bill Payments Other (EasyPay, Pay@)

R1.50

R1.50

Box Office

1%

1%

 

You can use your iKash to make payments when your customers use cash to purchase prepaid products or make bill payments. Simply use the iK Wallet to complete the payment and pocket the cash!

 

Remember, your iKash will be deducted every time you use your iK Wallet to pay - but you'll earn commission on every transaction. This commission will reflect in your Pending Balance until the next settlement date (within 3 days of the following month). 

 

QUICK NOTE: You DO NOT pay any fees for your commission earnings to reflect into your iK Wallet.