Net1 Schedule of Charges and Fees

1.      Administration charge for payment of monthly service fees by credit card or via paypal is 4% of the appropriate fee.

2.      Administration charge for payment of annual service fee by cash is 1.5% of the appropriate fee.

3.      Administration charge for late payment €22.50 (as in clause 3.5)

4.      Administration charge for failure to pay €22.50 (as in clause 3.5.1)

5.      Administration charge for further failure to pay €17.50 (as in clause 3.5.3)

6.      Monthly compound interest on overdue accounts is 1.5% per month (as in clause 3.5)

7.      Re-connection fee following continued payment failures €30.25 (incl vat)

8.      Refunds required due to customer negligence or over payments (failing to cancel your standing order when requested)  10% handling charge with a €25 minimum charge