PayShap

Enjoy Secure Transactions With No Delays

 

PayShap is an innovative, real-time payment service designed for quick, hassle-free and efficient business transactions. Always-on, payments are guaranteed and clear instantly.

Payments In Seconds

  • Instantly send and receive business payments up to R50,000
  • Make payments 24/7, including weekends and public holidays
  • Enable seamless transactions accross South African Banks
  • Send money using a cellphone number with ShapID

Request & Accept Payments

  • Send PayShap Requests or receive requests from anyone, through any bank offering the service
  • Approve PayShap Requests to pay in real-time
  • Cancel sent requests or decline received PayShap Requests
  • HBZ business banking approval processes apply

Benefits Of PayShap

Faster Payments

Eliminate delays with instant clearing.

Lower Costs

Pay no fees on transactions below R5,000 – transactions above R5,000 incur a charge of R25.00 (excluding VAT).

Improved Cash Flow

Settle supplier and vendor payments instantly.

Guaranteed Payments

Make payments instantly – all transactions are final and irreversible.

Benefits Of PayShap Request

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No Charges

Send a request free of charge. When approving a request to make a payment, no fees apply to amounts below R5,000.

Greater Control

Set an expiry date when sending a PayShap Request, to ensure timely payment. If no expiry is set, the default expiry period is 45 days.

Greater Convenience

Choose to set a minimum amount when sending a PayShap Request.

Higher Limits

Approve requests up to R50,000. When sending a request, check the limits set by the receiver’s bank.

Get Started With PayShap

 

  • Find PayShap in HBZ’s Mobile Banking App or Internet Banking
  • Pay with PayShap or send a PaySap Request by entering the recipient’s ShapID, Shap Name, or bank account details
  • Enjoy added security features to ensure the recipient’s information is correct
  • View the status of your sent and received requests in your HBZ Mobile Banking App or Internet Banking

Additional Information

To learn more about PayShap, including Tutorial Videos, Terms & Conditions and FAQs, click on the button below:

To Find Out More

Head Office

HBZ Bank Ltd. 1 Ncondo Pl, Umhlanga Arch, Umhlanga Ridge, Durban, 4320, South Africa
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