Does Payflex charge the customer any interest/fees?

The good news is we don’t charge any interest! Payflex is a free spending plan. Shoppers get six (6) weeks to pay for their purchases without any interest or 

additional fees, as long as they stick to the terms and conditions. However, penalties apply if you miss an instalment.  

Total penalty default fees charged shall be capped at R255.00 (including VAT), or 50% of the Purchase Price (including VAT).

Penalties are calculated as follows: 

A R85.00 fee is charged the day after you default. Further default fees apply for every week that the unpaid amount remains outstanding. So, another R85.00 fee is charged on day 7 and day 14 of the default period. Default fees for late payment are capped at R255.00. Please see Section 8 of the terms and conditions on our website for more information.