How TierUp Works
Transparent pricing and simple calculations for your group buying platform
Platform Costs
| Item | Cost |
|---|---|
| Annual Platform Membership | R12,000 (Annual, upfront, Excl VAT) |
| Activation Fee | R3,500 (Once-off) |
| PayFast Transaction Fee – Credit/Debit Card | 3.2% + R2.00 per transaction + 15% VAT |
| PayFast Transaction Fee – Instant EFT | 2.0% (minimum R2.00) per transaction + 15% VAT |
| Platform Transaction Fee (Your Margin) | +1.5% of transaction value (Excl VAT) |
| Custom Integrations Fee | Quoted separately (Inventory, ERP, Accounting systems, etc.) |
Split Payments Flow
PayFast processes payment → deducts PayFast fees → automatically splits remaining funds between platform fee and vendor based on your set percentage/amount rule.
VAT Handling on Platform Fee
Platform fee of 1.5% must include VAT if your business is VAT registered (e.g., 1.5% + 15% VAT = 1.725% effective split OR invoice vendor separately).
Group Purchase Calculator
Calculate the costs and fees for a group purchase transaction
Group Buying Details
Breakdown
Note: This is the amount you receive after all fees are deducted. PayFast processes the payment and handles the split automatically between platform fees and your payout.
Payment Distribution
You Receive
R0.00
Vendor Payout
0% of transaction
PayFast Receives
R0.00
Payment Processing
0% of transaction
We Receive
R0.00
Platform Fee
0% of transaction
Total Transaction Amount
R0.00