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Payment Options

We offer our students affordable and convenient payment options. Learn more about our available payment options and accepted payment methods.

Online Registration Accounts:

Payment options if you register online for our self-directed short courses

Interest-free payment plans

Pay for your course in affordable monthly instalments via your debit or credit card. Simply select your desired repayment term and load your card on during registration. Safe and secure flexibility to suit your budget.

Once off payments

Choose to pay the full course fee in the registration process. Use any of the innovative payment options such as direct EFT, storecards, and many more. Gain peace of mind with a safe and secure payment portal.

Enrolment Centre Accounts:

Payment options if you register via our enrolments call centre

Interest free instalment plans

Pay the course fee in monthly instalments through our iQ-funded payment plans. Terms and deposit requirements are subject to affordability.

Once off payments

Choose to pay the full course fee by the registration closing date, as a once-off cost before you start studying. You can use our safe and secure payment portal or direct deposit into our bank account.

Payment can be made in the following ways

  1. Direct transfer
  2. Online payment via PayFast – South Africa’s leading payment gateway
  3. Debit order via DebiCheck – the latest debit order system from the Reserve Bank and PASA
  4. Payments made through PayFast comply with the highest security standards (level 1) set by the Payment Card Industry Data Security Standards (DSS) Council.

Pre-registration

If you are in the process of enrolling at iQ Academy and you want to pay a deposit or layby amount, please make an electronic funds transfer (EFT) to the details below:

To make an electronic funds transfer (EFT) from your account to iQ Academy, please create a beneficiary with the following details:

  • Bank: Standard Bank
  • Branch: Vincent Park
  • Code: 051001
  • Account name: IQ Academy
  • Account number: 251390527
  • Reference for upfront payments: ID number
STUDENT PAYMENTS

Convenient payment methods for you

Payment can be made in the following ways:

iQ Academy has implemented DebiCheck, the latest system from the South African Reserve Bank (SARB) and the Payments Association of South African (PASA), for students who want the convenience of a debit order for their monthly instalments.

With DebiCheck, your new debit order is electronically confirmed with you by your bank on a once-off basis, according to the agreed payment terms set out in your contract with iQ Academy.

In order for DebiCheck to work accurately, you must ensure that your bank has your correct cell phone number. For more information watch the video or download the brochure:

You can use your Visa or Mastercard debit or credit card to set up your payment through our secure online payment portal powered by PayFast, South Africa’s leading payment gateway. Payments made through PayFast comply with the highest security standards (level 1) set by the Payment Card Industry Data Security Standards (DSS) Council.

Instant EFT by PayFast allows students with access to internet banking to make an Electronic Funds Transfer (EFT) that gets instantly verified. Payments made through PayFast comply with the highest security standards (level 1) set by the Payment Card Industry Data Security Standards (DSS) Council.

When making an electronic funds transfer (EFT) from your bank account, please create a beneficiary with the following details:

  • Bank: Standard Bank
  • Branch: Vincent Park
  • Code: 051001
  • Account name: IQ Academy
  • Account number: 251390527
  • Reference: Your ID Number*

*To ensure that we allocate your payment to the correct account