Payment at month end

A detailed claims list will be sent to the Merchant at end of the month.  The necessary deductions relating to discount percentages as per the contract between the two parties will be deducted and the balance will be transferred through Electronic Funds Transfer.

 Opening dates

Costs

• Acquiring fee of 46c by Nedcor to Cape Consumers (i.e. basic + authorisation) - partly recovered from member
• No transaction fee / cost to supplier / retailer