Powertime is remunerated by Eskom and municipalities for providing the delivery of prepaid electricity tokens.
However, in the case of Eskom and certain municipalities, where the 3% VAT inclusive cost levied by the banks to process credit card transactions are not reimbursed by the municipalities, such cost is to be borne by Powertime customers when they elect to pay by credit cards.
Customers electing to pay by EFT via PayGenius incur no service charges.
Municipalities that cover credit card costs, and for which no transaction charges apply on Powertime, are the following:
Actaris SubVending, Blue Crane, Breede Valley, City Property, Drakenstein, Ga-Segonyana, George, Govan Mbeki, Kgatelopele, Knysna, Kouga, Midvaal, PEC Metering, Randfontein, Sol Platje and Stellenbosch.
Customers accepting Powertime terms and conditions hereby acknowledge, and accept that for Eskom and certain municipalities, a 3% VAT inclusive credit card charge may apply.