Payment Policy
- This Payment Policy of NUKOR SAWMILLING (PROPRIETARY) LIMITED (Registration number: 1979/001076/07) (hereinafter, “Nukor”, “we”, “us”, or “our”) governs the method of payment acceptable to us for orders relating to the Products sold on the Nukor Online Store. This Payment Policy is incorporated by reference in the “Terms and Conditions of Sales” and should be read in accordance with the definitions and references contained therein.2. Should there be any inconsistency between this Payment Policy and the Hyperlink, this Payment Policy will take preference.
3. Payment for any Products ordered from us must be made to us by credit card or debit card only.
4. At the time of placing the order, the transaction details are presented to the bank and payment is collected immediately. If the bank’s authorisation is not obtained, the order will be cancelled. We may carry out certain fraud checks with the cardholder or the cardholder’s bank, should we be unable to verify the validity of the transaction the order will be cancelled.
5. Kindly note that:
5.1. we do not collect, store or otherwise process your card or banking account details. Yoco Technologies Proprietary Limited (“Yoco”), our payment service provider, will collect, store and process your card details or banking details for you, and display them to you later on the payment page of the site. More specifically, by selecting to have your card details or banking account details stored, you will be doing the following:
5.1.1. contracting with Yoco who will collect, store and process your credit card details or banking account details for you on its systems in an encrypted format in Yoco’s secure environment (which is why you will be clicking to agree to its standard terms of service that are applicable to you); and
5.1.2. agreeing that we may disclose (by means of a link between the site and the systems of Yoco) to Yoco such of your information that we have on record as is necessary to enable Yoco (i) to verify your identity and determine whether you are already a registered Yoco user or not; (ii) to create a profile for you and store your credit card details with reference to that profile; and (iii) to check against your profile and pre-populate your credit card details or banking details on the Website or Yoco’s website portal.