Mobicred offers online credit facility that enables buyers to access credit and make online purchases on the merchant's website. Merchants can now enable Mobicred as a payment method on their Peach Payments Account.
To get started, the merchant will need to register for a Mobicred Merchant Account and complete the Mobicred integration.
Mobicred Merchant Account Application
To register for a Mobicred Merchant Account, please complete and sign the following Mobicred terms of service (see attached) and return to Peach Payments team:
- Mobicred Merchant Agreement
- Mobicred Settlement Annexure 1
Please reach out to the Peach Payments Team at firstname.lastname@example.org to provide you with test environment access to begin Mobicred Payment integration and testing.
Please note that Mobicred will charge a merchant commission percentage in respect of all approved Mobicred transactions. The rate will always be indicated in the Mobicred Agreement. The standard merchant commission percentage is 3.5%.
Peach Payments will not charge any special fees for Mobicred transactions and the same transaction fees for card transactions will apply to Mobicred transactions.