Netcash, a financial service provider, enjoyed their highest client sign-on month in March, with a 40% increase in merchant activations.
South African companies are cutting costs and exploring ways to save money. The Netcash system allows businesses to manage their debtors and creditors more cost effectively, resulting in better value for less money and an increase in cash flow.
“We had our best sign-on month since our inception in 2001. We generally activate about 100 new accounts a month, but a further sign-on of 40 clients is exceptional.” said CEO, Charles Pittaway.
With more scrutiny on traditional banks and banking fees, South African business owners will be attracted to alternative solutions and competitive prices. Netcash charges a single setup fee of R425; monthly fees are R120. Visit www.netcash.co.za for more.
