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Internet Payment Account
The PaySpark Internet Payment Account is a revolutionary new
banking solution that allows consumers to purchase goods and services over the Internet.
On certain pre-approved sites, displaying the PaySpark logo,
purchases can be made by selecting 'Payspark' as the prefered payment option.
Consumers can then:
- Enter the Payspark logon details;
- Enter the Payspark account to debit;
- Enter the amount of the purchase required.
Funding your Internet Payment Account
Funding your account is easier than ever with these four options to
choose from:
- Credit Card
- Transfer from PaySpark ATM Account
- Western Union
- Wire Transfer
Managing your Internet Payment Account
- Free Statements: Available online at www.payspark.com
- No Minimum Balance: There is no minimum balance required for a PaySpark Account. However, dormant accounts (no transaction activity for 90 days) with a zero balance, will be closed automatically.
- Charges: No charges will be levied for active accounts. Accounts that have not been used for 90 days will attract a US$10 per month administration fee.
- Interest: Credit interest of 2% per annum will be accrued and paid out on a monthly basis for accounts that maintain a minimum monthly credit balance of US$500 or more.
Legal Requirements
In order to have an account with PaySpark, you'll be required to fax the following Due Diligence Documentation:
- A copy of a Government recognized Identity Document (such as a drivers license or passport).
- A copy of a utility bill, no older than 6 months, showing your residential address.
Support Details
For any information on the PaySpark product contact:
queries@payspark.com
For account related information contact:
admin@payspark.com
Toll Free Fax numbers for Due Diligence Documentation:
- 1-888-522-5496
- 1-888-840-1358 (toll free USA only)
International Fax numbers:
- +27 21 405-1956
- +27 21 405-1947
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