Merchant Account
Surepay is also targeted at businesses. A business is required to have a website where customers can come to view their products or learn about their services so that they can pay for them. SurePay is not responsible for designing or maintaining a merchant’s website.
Benefits
The benefits of integrating SurePay to your websites are:
- Quick, easy and affordable set up of SurePay to your
website - Receive payments from all MasterCard, InterSwitch, eTranzact and Visa card holders on your website
- Buy products and services from other SurePay merchants directly from the SurePay Cash Wallet at zero transaction charge
- Generate Rebates and Promo Codes for bonanzas and sales
- Auto-generated electronic invoice per transaction for buyers and business
- Mass mailer to all the merchant’s email contacts about their products
- View transaction history
- SMS notification on all successful sales transactions through SurePay (optional)
- Robust Shipping Setup to accommodate your current delivery pricing (optional)
- Optional ready to use Product Catalogue for businesses that already have websites.
Optional SurePay Components
Shipping Integration: This module affords you the opportunity to separate the cost of shipping from the cost of your product. The buyer is able to see the cost of shipping separately from the cost of the product.
In the Standard Integration the merchant adds the cost of shipping to the cost of the product. The buyer will not be able to tell the cost of shipping apart from the cost of the product. This module is helpful for businesses to cater for the varying cost of shipping based on location and volume of items bought.
Fees: N20, 000
SurePay Product Catalog:
The Product Catalog is an important aspect of any e-Commerce site. SurePay provides an optional user friendly Product Catalog that plugs in seamlessly to your existing website. All you need to get started is your price list and product images. With SurePay Product Catalog you can do the following
- Define an unlimited number of product categories.
- Enter detailed description, categorize, and display pictures of products
- Prepare your Product Catalogue offline and import into SurePay in CSV format. This will reduce the time required for setting up large stores online.
- SurePay Product Catalog front end helps you to showcase your product in such a way that it gives your customers as much information about the product as possible, using a combination of photos and detailed text descriptions.
Fees: N20, 000
Cash Withdrawal
Cash withdrawal attracts a fee of N100 + 0.5% per transaction. All monies paid for your goods and services are placed in SurePay account. A transfer can then be made from the SurePay account into the business local bank account. The cost of this transfer is N100 + 0.5% of amount transferred.
Requirements
- N130, 000 for standard integration. If you want more options like shipping and our Product Catalogue, pay the equivalent fee for each chosen option. (See Fees section for applicable fees)
- A current bank account in any of the 24 banks in Nigeria in your business name. This account is where money is transferred whenever a transfer is initiated from your SurePay account.
- Letter of introduction from your bank on your bank’s letter head. Note that you will be able to receive payments from ATM cardholders immediately SurePay has been integrated to your website but you will not be able to withdraw money from your SurePay account until you present the letter from your bank. This is to help us know you properly.
- A Business Website: the authenticity of your website will be verified before you can start accepting payments on your website.
Setup Duration
SurePay will be setup 24-48 hrs after you meet all the basic requirements stated above.