Zero fees*

It costs nothing to send or receive money using what’s in your Cashloop eWallet. 

*To successfully achieve ZERO fees, you need to top up your Cashloop eWallet with a minimum of R200 via the direct EFT method. If you top up your eWallet via the app you will incur a 6% service fee. All withdrawals in the app are charged a 2% service fee. 

R0.00

To sign up

R0.00

To send money

R0.00

Monthly fees

Cashloop App

The Cashloop app is free to download and use. If you choose to top up your eWallet via direct EFT you will not be charged a service fee.* If you top up your eWallet via the app there is a 6% service fee. All transactions and payments thereafter are 100% free of charge.

There is no need to withdraw funds as a User, but if you really want to, there is a 2% withdrawal fee. Please refer to our Terms & Conditions for more information.

Your app download includes the following services:

  • No set-up fees
  • No monthly subscriptions
  • e-Mail support
  • Whatsapp business support
  • App user guides

*Direct EFT transfers are subject to bank delays. EFT’s can take up to 48 hours to show in your Cashloop eWallet.

Merchant Account

Accept Cashloop payments in your app, online, or in-person and tap into our active community of South African users. Let customers pay you the same way they pay their friends on Cashloop. It’s the safest way to do business. To become a Merchant with Cashloop is 100% free of charge, the only fee you pay is when you withdraw funds from your digital eWallet (2% withdrawal fee).

Please refer to our Terms & Conditions for more information.

 

Your Merchant portal access includes the following services:

  • No set-up fees
  • No monthly subscriptions
  • e-Mail support
  • Whatsapp business support
  • App user guides
  • Phone support
  • Reporting

Notes

  • All fees and prices exclude Value-Added Tax (VAT).
  • Through Cashloop, there are no hidden additional costs payable by the business to the banks.
  • A minimum of R200 per direct EFT upload is required to achieve 0% upload fee.
  • Conversion from a Merchant to an Organisation is subject to review and approval of Cashloop in its sole discretion.
  • Monthly processing and transaction fees are billed in arrears.
  • Cashloop does not condone criminal activity, if suspicious transacting is assumed, Cashloop will privately investigate before handing over to the related security agencies.
  • Terms and Conditions apply.

Terms & Conditions

The above information is a basic overview of the pricing associated with the Cashloop app. Please refer to our Terms & Conditions for further information about the functionality and fees associated with using our service.

Download the Cashloop App

Cashloop is a peer to peer mobile transfer application, providing South Africans with a secure and convenient way to pay with their smartphones. After installing the app top up your eWallet, add a security passcode or fingerprint authentication and then scan a Cashloop QR code to make payments with your smartphone.

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Cashloop (Pty) Ltd © 2020. All rights reserved. Users are advised to read the Terms and Conditions carefully.

Ready to get paid?

If you already have a Cashloop account registered on your mobile app, click here and login with your current details.