Secure Trade is an Escrow service on Junk Mail, powered by a third party called Truzo.
Secure Trade allows buyers and sellers to transact safely, and because these transactions need to be handled in a safe environment, transaction fees are applicable.
Secure Trade Fees
- Transaction Fees + Merchant Fees
- All Fees are VAT/Tax exclusive
- The buyer automatically pays the Secure Trade fees (which consists of Truzo and other merchant fees) unless both buyer and seller agree to split the fee 50/50.
- The minimum transaction amount on Secure Trade is R100.
- The maximum transaction amount on Secure Trade is 10 000 000 (10 million).
- The transaction fees also work on a sliding scale. The higher the transaction amount, the higher the fee.
- The minimum fee for a transaction is R29.
Pay by Card
| Transaction Amount | Fee |
| Minimum Fee | R 29.00 |
| Less than R999 | 2.50% |
| R1 000 - 10m | 3.50% |
Truzo Wallet
| Transaction Amount | Fee |
| Minimum Fee | R 29.00 |
| Less than R999 | 0.00% |
| R1 000 - 10m | 1.00% |
Manual EFT
| Transaction Amount | Fee |
| Minimum Fee | R 29.00 |
| Less than R999 | 0.65% |
| R1 000 - 10m | 1.65% |
Instant EFT
| Transaction Amount | Fee |
| Minimum Fee | R 29.00 |
| Less than R999 | 2.50% |
| R1 000 - 10m | 3.50% |
Disclaimer:
Secure Trade is a third-party Escrow Services platform powered by Truzo. Truzo is regulated by the Financial Sector Conduct Authority (FSCA) and conducts rigorous compliance checks on every Truzo user to ensure a safe and secure environment. Truzo (Pty) Ltd (2016/390144/07) is an Authorised Financial Service Provider (FSP 51539).