BUY ON CREDIT
Keeko Baby Online now offers you the option to buy any of our products on credit and pay for them in installments with a Mobicred account.
What’s Mobicred you ask?
Here’s a brief explanation:
SHOPPING WITH MOBICRED ON OUR STORE
Simply follow these guidelines to shop using your Mobicred account:
Select your products & proceed with your order process until you get to the payment options page;
Once you get to the payment options page select the Credit card option (default option) which will direct you to the Payfast payment portal (this is our secure payments portal).
On Payfast select the Mobicred option.
Enter you Mobicred login details and complete your purchase.
Sit back & chill as we deliver your order.
POINTS TO NOTE
Please be mindful of these points:
Mobicred charges a monthly service fee of R35.00 & a once off account initiation fee, which varies depending on the facility;
The monthly instalments exclude the service fee and initiation fee.
Make sure you familiarise yourself with the terms & conditions of this facility before you sign up.
We are always available to assist you with any queries on this service. Contact us through:
Frequently Asked Questions
How do I apply for a mobicred account?
You can apply directly via the mobicred website or via participating mobicred online retailers.
What do I need to ensure when applying for a mobicred account?
You need to have a valid South African ID number, be at least 18 years of age, earn a minimum monthly salary of R5500, have an existing valid bank account, a valid email address and a RICA’d mobile number. You will need to submit 3 months most recent bank statements or payslips.
Can my application be declined?
Yes, approval of your application is subject to mobicred’s credit risk & affordability criteria, and in accordance with the National Credit Act responsible lending principles. If, for whatever reason, your application is declined, mobicred will inform you as to the main reasons for being declined.
How do I buy with mobicred?
You can purchase at any participating online retailer that offers mobicred as a payment option. Simply select mobicred as a payment option within the checkout process.
What is the interest rate charged on my purchases?
The interest rate charged is 21.0% per annum & in accordance with the interest rate permissible by the National Credit Act.
Will interest rate fluctuations affect my repayments/current interest rate?
The interest rate on your account is an annual variable rate linked to the Repo Rate and will change in accordance with changes made by the South African Reserve Bank.
What is an initiation fee?
This is a fee for the opening & initiation of your agreement & mobicred account.
What is a monthly service fee?
This is a monthly charge for the monthly administration & maintenance of your mobicred account, including statements and all ad-hoc correspondence.
What is a late payment fee?
This is a fee that is charged to accounts which are one or more payments in arrears.
What is a debit order rejection fee?
This is a fee charged for debit orders that have been returned unsuccessful by your bank due to, for example, insufficient funds.
How do I pay my account?
Monthly instalments, as reflected in the mobicred statement, will be deducted via Debit Order.
How often will I receive my statement?
You statement will be send to you monthly via email.
What do I do if I am not receiving my statements?
Please contact mobicred via email at email@example.com or on 08600MCRED(62733) to assist you with receiving your statements.
What do I need to do if my debit order details have changed?
You may change your banking details on the mobicred web site yourself, or contact mobicred via email at firstname.lastname@example.org or on 08600MCRED(62733) to assist you.
What do I need to do if my personal & contact information has changed?
You may change your personal & contact details on the mobicred web site yourself, or contact mobicred via email at email@example.com or on 08600MCRED(62733) to assist you.