We provide a unique solution for secure, reliable and cost effective EFT Payments, E-Wallet Payments, Payments to Cell Phone Numbers, Account Verification System, Pre-defined Account Payments such as SARS, TELKOM etc. and Debit Orders.
Payment files can be generated by any Payroll or Finance Software (SAGE VIP, Infonetix, Donkerhoek Data, IscasSoft etc. (or even Excel files) and then imported into the PayAccSys Online (PAO) System via our user friendly front end portal or via our secure API solution. PAO provides our clients with a complete database on payment history of all transactions with full security audit trail and the facility to import or export data in an electronic format.
One Day Payments - Funds reflect and available in all beneficiaries account after midnight.
Same Day Payments - Funds reflect and available in all beneficiaries accounts after 19h00 on the same day.
Real Time Payments - Funds reflect and available in all beneficiaries account within 60 minutes.
Future Dated Payments - Funds reflect and available in all beneficiaries account on any future date.
We can pay any amount of up to R5000 per day (Max R25 000 per month) to any cell phone number in South Africa.
The beneficiary will simply receive an SMS with a unique number to enter into an ATM or at Participating merchant stores i.e. SPAR to receive their funds instantly.
Payments to Cell phone Numbers are processed as Real Time Clearing (RTC) and is subject to processing schedules for funds to reflect.
Voucher SMS notification usually within 60 minutes.
With increasing payment scams and internal fraud rising on a daily basis, we have introduced our unique Duplicate Payment Protection features.
Any duplicates account numbers will be flagged and can be managed in customised solutions.
Any Duplicate Transactions Numbers will be flagged and user will be notified onscreen of duplicate transaction numbers in the batch.
Email notification of duplicates account numbers.
Account verification batch service is developed to achieve greater levels of efficiency and as an additional fraud prevention measure to ensure that the bank account details match recipient identity details.
The system can basically validate all batch details and restrict payment to beneficiary details that have passed the AVS or internal criteria or even a preapproved beneficiary authorised list.
We can pay Masked BDF Accounts Numbers such as SARS, Municipalities and Telkom etc.
This process is also transparent with your batch so no additional lengthy steps are needed to make payments to these accounts
Simply process it with your current batches.
Payments to Masked Numbers can be processed as One Day (ODS), SSVS (Same Day) or Real Time Clearing (RTC)
Our Authenticated Collections (AC) a is available 24 hours a day, 7 days a week and will allow you to manage your clients and your suppliers with the same amount of ease.
Our system is designed to be flexible so you can load, run, track and manage your collections from your office, on the road, or even overseas.
With complete reconciliation, you can accurately keep track of which of your clients you’ve successfully collected from and who still owes you money.
Our system does the reconciliation for you, so that you don’t have to sift through endless reams of information.