PayGate Terms and Conditions

Detailed Description of Goods and/or Services

WMSA is a business in the financial services industry that facilitates the investments via the website and integrated with PayGate as a 3rd party service provider in this regard.

Delivery Policy

Subject to availability and receipt of payment, requests will be processed within 5 (five) days and delivery confirmed when the listing takes place and the net cash received, will be converted to shares and same be held in dematerialised form via Strate.

Export Restriction

The offering via PayGate on this website is available to South African based investments only.

Return and Refund Policy

The provision of the abovementioned goods and services by our Company is subject to availability whilst the investment is still open. In cases of unavailability the client will not be able to invest and as such no refund will be due. In the event of the client canceling the investment, then our Company will refund the client in full within 30 days.

Customer Privacy Policy

WMSA shall take all reasonable steps to protect the personal information of users. For the purpose of this clause, 'personal information' shall be defined as detailed in the Protection of Personal Information, Act 4 of 2013 as also referred to in the Policy included in the terms of use of the WMSA website

Payment Options Accepted

Payment may be made via Visa, MasterCard or by bank transfer into the bank account, the details of which will be provided to the client on making the investment.

Card Acquiring and Security

Card transactions will be acquired for WMSA via PayGate (Pty) Ltd who are the approved payment gateway for all South African Acquiring Banks. PayGate uses the strictest form of encryption, namely Secure Socket Layer 3 (SSL3) and no Card details are stored on the website. Users may go to to view their security certificate and security policy.

Customer Details Separate from Card Details

Customer details will be stored by WMSA separately from card details which are entered by the client on PayGate’s secure site. For more detail on PayGate refer to

Merchant Outlet Country and Transaction Currency

The merchant outlet country at the time of presenting payment options to the cardholder is South Africa. Transaction currency is South African Rand (ZAR).


WMSA takes responsibility for all aspects relating to the transaction including sale of goods and services


WMSA may, in its sole discretion, change this agreement or any part thereof at any time without notice.