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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.
