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Why use PayShap?
- It’s safe – why carry cash when you can PayShap it?
- It's affordable – see our latest Fee Schedule for more details.
- It’s instant – whether you’re paying or receiving the money.
Who qualifies?
-
South African residents who are natural persons 18 years old or older and who have a Nedbank account
-
Non-South African residents who are natural persons 18 years old or older and who have a Nedbank account
-
Businesses that have a Nedbank account
How to register
On the Nedbank Private Wealth app
- Log on to the Nedbank Private Wealth app and tap More
- Select ShapID management
- Go to Register a ShapID
- Read and accept the terms and conditions
- Select the account you want to link to your PayShap
- Tap Register, then Done
On Online Banking
- Log on to Nedbank Private Wealth Online Banking and click on Settings
- Select ShapID management
- Go to Register a ShapID
- Read and accept the terms and conditions
- Select the account you want to link to your PayShap
- Select Register, then Done
How to use PayShap on the Nedbank Private Wealth app
Paying a new beneficiary or making a once-off payment
- Log on to the Nedbank Private Wealth app
- Tap Transact then Payments
- Enter the beneficiary’s name
- Choose PayShap from the Account type dropdown
- Enter their ShapID and tap Confirm
- Complete the required fields including the payment amount
- Tap Pay
- Accept the terms and conditions
- Review the payment details then tap Confirm payment and follow the prompts
Paying an existing beneficiary
- Log on to the Nedbank Private Wealth app
- Tap Transact then Payments
- Choose beneficiary
- Choose PayShap from the beneficiary contact card
- Complete the required fields including the payment amount
- Tap Pay
- Accept the terms and conditions
- Review payment details then tap Confirm payment and follow the prompts
How to use PayShap on Nedbank Private Wealth Online Banking
Paying a new beneficiary or making a once-off payment
- Log on to Online Banking
- Select Transact then Single payment
- Enter the new beneficiary’s name
- Swipe to PayShap
- Enter their ShapID, confirm their details and click Next
- Enter the payment amount and reference details
- Click Pay then Pay now
Paying an existing beneficiary
- Log on to Online Banking
- Select Transact then Single payment
- Select beneficiary
- Select PayShap from the beneficiary contact card
- Accept the terms and conditions
- Enter the payment amount and reference details
- Click Pay then Pay now
How to use PayShap with Cellphone Banking
PayShap payments are also accepted by Standard Bank, ABSA and FNB. Read full terms and conditions here.
Want to learn more about PayShap?
Read FAQsReady to join Nedbank Private Wealth?
Manage your wealth from your phone
The Nedbank Private Wealth app gives you 24/7 secure access to all your wealth with us – in one place, from the convenience of your phone.
Apply on the app Find out more
