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 3.8.1)
5. Administration charge for further failure to pay £17.50 (as in clause 3.8.3)
6. Administration charge for failed or rejected bank direct debit or Bank Card debit £22.50 (as in clause 3.5.1)
7. Monthly compound interest on overdue accounts is 1.25% per month (as in clause 3.5)
8. Re-connection fee following continued payment failures £30.25 (inc. VAT)
9. 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.
10. Administration charge for retrieval of contracts or other documents from Net1 archives is £30
11. Bank direct debit set up charge free for once per annum (£35 each thereafter)
12. General administration fee for processing any other refunds or charges not already mentioned above £12.50 (incl VAT)
13. Failed appointment charge £65 (in the event that customer fails to attend installation appointment or provides the incorrect contact or address details)