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Setcom Beats South African Paypal Restrictions

Many of you already know that Paypal does not allow South African users to receive payments. Not even from other South Africans!

What many of you may not know is that Setcom does allow you to receive international payments, although they don’t allow you to make international payments. You should expect to lose between 3% and 5% per transaction, but there seems to be no monthly transaction charges.

The loop has therefore been closed. You can buy with Paypal, and sell with Setcom.

If you’re looking for even more options to receive payments in South Africa, you can look at this blog post for half a dozen other options.

UPDATE (28 Aug): Eve has spotted Payfast, another online payment system to add to the lineup. Let’s see if they can do better than the others.

2 Comments

  1. Clement wrote:

    Is Setcom a South African comapny. I tried to search their origins online but to no avail.

    Saturday, June 13, 2009 at 07:49 | Permalink
  2. Gustav Bertram wrote:

    Their contact page clearly shows that their mail address is in Rivonia, in Johannesburg.

    Saturday, June 13, 2009 at 10:31 | Permalink

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