All donations made through Mzanzi.Biz are managed by Mzanzi.Biz.
Mzanzi.Biz collects a 7.5% (incl. VAT) admin fee and a transaction fee which covers the costs of our 3rd party bank and payment channel fees.
Our 7.5% admin fee goes towards accomplishing the Mzanzi.Biz Mission.
It includes the employ of the finance, support and administration team that brings you the Mzanzi.Biz platform as well as the maintenance and development of the platform itself.
(Donors are given the option to cover the 7.5% admin fee. More than 50% do so).
|Payment Processing fees: (incl. VAT)|
|Electronic Funds Transfer EFT||5%|
|Debit/Credit Card South Africa||5%|
International Payment Processing fees:
|International Credit Card (PayPal)||5%|
PayPal is a payment portal that is a trusted international payment channel. The 5% is made of two fees, 1. The PayPal fee directly 2. The local PayPal banking partners fee Funds are collected from the 1st – 30th of each month and paid out to the respective organizations on the 10th of the following month.