Gwim Secure Rules

Terms and Conditions
GWIM SECURE: GWIM Secure Online Credit Card System Online Payment Terms & Conditions
Credit Card Payments :
By pressing the submit button on our online payment form you agree that Global Wave Internet Marketing may debit your credit card the amount indicated on the form.
Payment will be shown on your credit card as a payment made to :
Global Wave Internet Marketing (Pty) Ltd. (GWIM)
Reg No: 2000/008813/07 Vat No : 4430188278I confirm that by entering my profile number, PIN and password I have authenticated myself as the person that is authorised to debit my accounts with the amounts of the transactions and hereby instruct the Bank to pay such amounts to the third
parties that I have nominated via the systems.
I further confirm and agree that I shall not be entitled to countermand or amend such instruction once the bank has received and implemented the said payment instruction and that the payment instruction is subject to the Yoco terms and conditions for use, to which I am bound. I confirm that the purchase of all products and services (“the Goods”) constitute an agreement between myself and the third-party suppliers(“Suppliers”)
and I agree that all my rights and remedies with respect to my order, purchase, possession and use of the Goods and all maintenance, updates, warranties, liability and any other obligations related to the goods, if any, shall be subject to the applicable terms and conditions of the Suppliers.

I further confirm that Yoco is not party to any such agreements and has no responsibility or obligation in regard to the agreements other than
to effect payment to the supplier as duly instructed and I shall have no right of recourse against Yoco Appropriate risk mitigating measures
need to be taken to counter the possibility of fraudulent transactions. Appropriate risk mitigation procedures can be developed in conjunction with Yoco.

No warranties of any kind whatsoever, including, but not limited to the following, are made by Global Wave Internet Marketing: Functionality and continuous operation of the network; the accuracy or quality of any data available on the network.
Global Wave Internet Marketing will not be liable to the Subscriber nor any associated party for damages, incidental or consequential, of any nature whatsoever.

Domain Security
Domain Security is a new method of security mandated by the Card Associations to enhance the security of online transactions.

Mastercard’s product is called “SecureCode” and Visa’s product is called “Verified by Visa”.

The 3D-Secure refers to three domains involved in the security they are

the Acquiring or Merchant’s bank
the Card Association’s financial networks ie Mastercard and Visa
the Issuing or Cardholder’s bank.

Very simply the system authenticates the cardholder before the transaction takes place by diverting the browser to the bank that issued the card, who then requests some secret, perhaps a pin, from their cardholder that will conclusively prove that this actually is the cardholder entitled to use this card. Once they are satisfied that this is their cardholder they issue an authentication receipt which is then presented to the merchants bank along with the authorisation request. If the transaction is then approved by the issuing bank they may not charge the transaction back to the merchant because the cardholder disputes the transaction as not being originated by them.

Virtual Card Services is compliant and in fact was the first South African payment gateway to be certified by both Mastercard and Visa for 3D-Secure transactions through First National Bank, Standard Bank and ABSA.
Contact Details

Global Wave Internet Marketing (Pty) Ltd
P.O.Box 85, Knysna, 6570, South Africa

Phone: +27 (0)44 3826880