EFT
PAYMENTS

EFT PAYMENT TOOL

Mobirise

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, Pastel 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. PayAccSys 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

One Day Payments - Funds can reflect and be available in all beneficiaries account after midnight.

SSVS PAYMENTS

SSVS Payments - Funds can reflect and be available in all beneficiaries account after 19h00 on the same day.

RTC PAYMENTS

RTC Payments - Funds can reflect and be available in all beneficiaries account within 60 minutes.

DATED PAYMENTS

FDP Payments - Funds will reflect and can available in all beneficiaries account on any future nominated date.

HOW IT WORKS

INPUT FILES CAN EITHER BE UPLOADED FROM OUR FRONT END PORTAL OR VIA OUR SECURE API.

1. FILE ORIGINATION

Client generates file(s) from their payroll or finance system or EXCEL.CSV file or can load beneficiary details in our system. 

2. UPLOAD

Log onto PAO and upload, authorise and submit file, our system does cdv validation on account numbers and check for duplicate account numbers in file. PAO generate payment instruction for with total amount due including the transaction fees.

3. MATCING FUNDS

Client transfers batch amount plus fees to nominated clearing account for batch matching.

4. MONITORING

Clients are able to monitor file progress of the batch process online.

5. PROCESSING

We process all batches and funds to clear all banking systems.

6. FUNDS CLEAR

Monies are cleared into beneficiary accounts in accordance with instructions ie Midnight, Same Day or Real Time.

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