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The PaySpark Internet Payment Account is a revolutionary new banking solution that allows consumers to purchase goods and services over the Internet.The account has three SAFE SECURE online payment options. On certain pre-approved sites, displaying the PaySpark logo, purchases can be made by selecting 'Payspark' as the prefered payment option. Consumers can then: - Enter the Payspark logon details; - Enter the Payspark account to debit; - Enter the amount required.
Managing your Internet Payment Account
- Free Statements: Available online at www.payspark.com
- No Minimum Balance: There is no minimum balance required for a PaySpark Account. However, dormant accounts (no transaction activity for 90 days) with a zero balance, will be closed automatically.
- Charges: No charges will be levied for active accounts. Accounts that have not been used for 90 days will attract a US$10 per month administration fee.
Interest: Credit interest of 2% per annum will be accrued and paid out on a monthly basis for accounts that maintain a minimum monthly credit balance of US$500 or more.
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