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          Credit Card Banking

Why we don’t accept credit cards
You’ll agree that the global credit card industry has grown at an enormous rate over the past 20 years, in line with the rapid development of the Internet and online purchasing. In fact, the credit card has become the 2nd most common means of global funds transfer, after the wire transfer.
Unfortunately, this impressive growth has made the industry an easy target for individual criminals and web crime syndicates. No one can provide an exact figure for the annual loss caused by credit card fraud, but the experts tell us that it exceeds R50 million in South Africa every year.
Chris Trotskie, chairman of the SA Card Fraud Forum, explains that the four major banks in South Africa lose approximately R5 million per month to credit card fraud and that, if this continues, fraud will start to cost us $11 (R77) per card by 2008.
This, and similar research, has led Buyone Online (Pty) Ltd to move away from payment by credit card. Yes, the other online suppliers of office and related consumables may use credit card systems, but we’re investigating the consequences of those systems – and they’re putting us off.
The estimated 600 hours it takes each credit card fraud victim to remedy the situation is enough to outweigh the relative convenience of payment by credit  card. Don’t you agree?
You already know that Buyone Online (Pty) Ltd is committed to providing top-quality branded products at competitive prices and through the official channels. Now you know that we’re committed to giving you true peace of mind as well. So why not pay using one of the following safe, easy methods?
Other safe and easy payment methods
Internet transfer / EFT
This is the easiest method of payment: simply transfer the cost of your transaction into our account. Please note, however, that EFTs can take up to 3 working days to clear and we will only order your goods once your payment has cleared.

Cheque deposit
As one of the few companies out there to continue to accept cheques, Buyone Online places a precedent on customer choice. To safeguard your security, we also run all our cheque deposits through Cheque Guarantee Services. Please note that all cheques take 10 working days to clear and that orders will be delivered once payments have cleared.
Cash deposit
Unlike other online suppliers of office and related consumables, Buyone Online accepts cash deposits for your convenience.
Buyone Online banking details

All deposits and EFTs must be paid into the following account:

Account Name : Buyone Online (Pty) Ltd
Account Number : 4069448170
Bank : ABSA
Branch Code : 632005
Please fax your proof of payment to 086 652 0649 or e-mail sales@buy1.co.za , and please use your name and order number as your reference. Thank you for shopping with Buyone Online.



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