Users
5.2MPayShap | |
|---|---|
pmt_payshap |
PayShap is South Africa’s branded instant-payment service for low-value bank-account transfers. Customers can use a ShapID instead of full account details at banks, connecting recipient addressing with a domestic account-to-account payment that is separate from card spending.
Use cases:
Channels:
Initiation:
Markets
1TPV
$3.4BTransactions
55MEstimated Monthly Usage, Aurato Research, October 2026
Capabilities
Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities
Markets
Estimated Monthly Usage, Aurato Research, October 2026
PSPs
Schemes
Compliance
Regulator
South African Reserve Bank
