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My Gate Pricing Structure

The MyGate Standard, 300 and 600 is used in conjunction with an FNB merchant account, which has its own separate costs and the MyGate Express allows a merchant to trade without a FNB issued merchant account

 

PAYMENT GATEWAY - ECOMMERCE

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PACKAGE

 

MYGATE

 

MYGATE

 

MYGATE

 

MYGATE

 

EXPRESS

 

STANDARD

 

300

 

600

 

 

 

 

 

 

 

 

 

Connection and Monthly Info

 

 

 

 

 

 

 

 

  Minimum Monthly Billing

 

R 150

 

R 150

 

R 300

 

R 600

  Set up Fee

 

R 250

 

R 200

 

R 200

 

R 200

  Contract Period

 

None

 

12 Months

 

24 Months

 

24 Months

 

 

 

 

 

 

 

 

 

Transaction Rates

 

 

 

 

 

 

 

 

  Authorization

 

None

 

R 1.50

 

R 1.40

 

R 1.30

  Settlement

 

6%

 

None

 

None

 

None

 

 

 

 

 

 

 

 

 

Package Includes

 

 

 

 

 

 

 

 

  Subscription Fees

 

None

 

None

 

None

 

None

  MyGate Fraud Module

 

Free

 

Free

 

Free

 

Free

 

 

 

 

 

 

 

 

 

NotifyMe Module - Optional

 

 

 

 

 

 

 

 

  Transaction Notification Subscription

 

R 19.99

 

R 19.99

 

R 19.99

 

R 19.99

  Fraud Notification Subscription

 

R 49.99

 

R 49.99

 

R 49.99

 

R 49.99

  SMS

 

R 1.00

 

R 1.00

 

R 1.00

 

R 1.00

 

Notes:
  * Rates apply to MyVirtual, MyEnterprise and MyTerminal Solutions
  * MyGate Express rates package allows you to trade without a Bank issued merchant account
  * NotifyMe products includes unlimited email notification and access to SMS notification
  * All pricing excludes VAT