sK
silke K

1 reviews | Active since Dec 2009

31 Aug 2020, 16:44

Ikhokha - NOT YOUR FRIEND IN BUSINESS

Anyone even thinking to buy this machine, I am begging you to listen to me. I am a fairly small business and therefore need my funds to buy stock. (I sell gas appliances.) I took in over R20 000 on the weekend, and what does Ikhokha pay me today? R8 000. Over Easter I waited for over six days for my money. It is easier to ask your client to do an immediate eft. Ikhokha is NOT your friend in business. They are only in business for themselves. I tried speaking to the GM before, but obviously he does not speak to the customers who are mere peasants. It is my biggest regret to have been swayed to buy this machine. I was promised that I would get my money within 24 hours. This is patently untrue. Furthermore, the machine that I paid R2000 for two years ago, is now proudly on sale for R499. They say you save R1 800. 00. So exactly how much were we, the peasants, being ********** by?

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Replies (6)
iKhokha
iKhokha's reply31 Aug 2020, 17:10
Official
Hi Silke, Prom here. I am so sorry to hear this. I will get our team to reach out and look into your settlements ASAP however, please note that settlements do take one to three business days and banks don't operate on a Sunday, therefore delaying your transactions by a day or two. 
Our team will reach out ASAP and hopefully turn this experience you have had around and will escalate this to our team leaders. 
Once again, I am sincerely sorry for the experience you have had and will get a team member to reach out soon

sK
silke K's update31 Aug 2020, 18:07
Reviewer Update
Three days is way to long to wait for payments if you your need money to buy stock. I want to make the public aware that they are going to wait that long before they buy your product. Immediate eft's will be a much better option than Ikhokha. How are you going to look into my problem when you do not even know my machine number, account number or anything?
sK
silke K's update31 Aug 2020, 18:22
Reviewer Update
And people must not be fooled. Its three days but when there are public holidays its even longer. If I had known that I would never ever have bought your machine. I spent R2000 on something that is now selling for R500.00 two years later. ****************.
iKhokha
iKhokha's reply01 Sept 2020, 08:31
Official
Hi Silke, we do apologize for the inconvenience caused. You were settled this morning for the transactions you did on Sunday and the amount should reflect in your bank account later on today. Please note that settlements are done on business days only and not on Sundays and public holidays. 
sK
silke K's update01 Sept 2020, 08:48
Reviewer Update
I am aware of that. It is a pity that in your advertisments you do not state this clearly. Over Easter I waited SIX DAYS for my money. Who receives the interest on the amounts? You or the bank? I absolutely regret buying this machine. I should have looked at other options because I was NOT informed that you do not work on public holidays. EFT's go through within 24 hours regardless of public holidays or not. Now I wait until about 3pm before I can buy stock. It is beyond frustrating. Why is your company not able to capture the payments made on Saturday and Sunday in one sitting?
iKhokha
iKhokha's reply01 Sept 2020, 08:56
Official
Good day Silke, we are extremely sorry about the trouble this has caused for you. Please note that banks are not operational on Sundays and public holidays as well, therefore we need to wait for the monies to reflect first before settling you.  We do have all of the information available on our terms and conditions: https://www.ikhokha.com/terms-and-conditions. We will contact you to assist you further. We once again want to apologize for all the inconvenience caused and will definitely pass your feedback over to the rest of the team. Kind regards.