Payment

For Business customers:

Payment date for accepted goods is due as stipulated in the buyer's initial credit account terms; that is either:
a. Weekly payments within 7 days after purchase; or
b. Monthly payments by the 20th of the following month

In the event of non-payment or default in the due date or a breach in the Mega Food terms and conditions of sale then:

1. All sums outstanding to Mega Food become immediately due and payable; and interest shall accrue at the rate of 16% per annum from the date payment was due until the date payment is made. Interest will be compounded monthly at the rate of 1.33%; and
2. The buyer indemnifies Mega Food for any loss, expense or costs it may incur or suffer as a result of the buyer; and
3. All legal and collection costs in recovering or collecting any outstanding money, recovering goods or remedying any default shall be recoverable against the buyer.
4. Mega Food may repossess good delivered but not paid for.

Goods supplied by Mega Food shall remain the ownership of Mega Food until payment in full of all amounts owing to Mega Food whatsoever. If the goods are resold before all amounts owning to Mega Food have been fully repaid the book debt on proceeds of such resale shall be the property of Mega Food and be held for its account and payable immediately to Mega Food. The buyer shall have a fiduciary duty to Mega Food in respect of such book debts and proceeds.

For Individual customers:

Payment is made upon checkout of your order either through bank card payment, or online eftpos using your mobile banking app.

Mega Food is not liable for any financial losses made in the event of an external technical error occurring during the payment process.