Account Refund Terms and Conditions

Terms and Conditions for €500 refund in processing fees.


  • To receive the €500 refund in processing fees: 1) Open a new Powercash21 Visa and Mastercard Merchant account. Businesses are required to complete an application and agree to terms and conditions at the time of enrolment. All businesses are subject to approval. 2) Activate your merchant account and process payments within 4 weeks of approval. 3) Refund will be deposited to the Visa and Mastercard merchant account only once MDR fees have reached or surpassed €500.

  • The amount of €500 will be credited to the settlement account linked to your Powercash21 Visa and Mastercard Merchant account within 90 days of the date of meeting account opening and activation requirements.

  • The €500 Refund offer requires the opening of a new Powercash21 Visa and Mastercard Merchant account by May 31, 2020. Existing merchants and other businesses belonging to existing merchants are excluded.  

  • Customers must establish a new Powercash21 Visa and Mastercard Merchant Account with an initial term of at least one year. Early termination gives Powercash21 the right to cancel the offer. 

  • Any credit, if earned, will be forfeited if the Powercash21 Visa and Mastercard Merchant Services account is closed before the refund is awarded. 

  • Only one offer per business account. Offer is not transferable. The offer cannot be combined with any other merchant account related offer.

  • Merchant Services are provided by Powercash21 Ltd and are subject to approval and the terms and conditions of the Visa and Mastercard Merchant Agreement.

  • Offer may be extended, modified or discontinued by Powercash21 Ltd at any time without notice.


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