Mobicred

Mobicred is a simple & convenient credit facility that allows you to safely shop online with our participating retailers. Your Mobicred account allows you to make one single monthly payment for all your purchases with a revolving credit limit – allowing you to spend whatever you re-pay.

mobicred

What is the minimum salary for Mobicred?

Have a valid South African ID number. Be 18 years or older. Earn a minimum monthly salary of R5 500. Have an existing and valid bank account in your name.

Does Mobicred do a credit check?

Yes, approval of your application is subject to mobicred’s credit risk & affordability criteria, and in accordance with the National Credit Act “Responsible Lending” principles. If, for whatever reason, your application is declined, mobicred will inform you as to the main reasons for being declined.

How does Mobicred payments work?

Mobicred is a simple & convenient credit facility that allows you to safely shop online with our participating retailers. Your Mobicred account allows you to make one single monthly payment for all your purchases with a revolving credit limit – allowing you to spend whatever you re-pay.

What is the difference between Payflex and Mobicred?

Payflex is another payment option that allows consumers to shop now and pay later. The difference with Mobicred is that the credit offered is interest-free. Payflex started in 2017 and has more than 200 merchants on board. They are currently expanding to all South African online shops.