Salary & Creditor Payments
Sage Pay enables you to capture details for recurring and once off payments directly on our website, and process secure payments to all South African banks and account types.
Features & benefits
- Payments can be processed on any business day (excluding public holidays), and can be dated up to 60 days in advance.
- Same day payments can be processed Monday to Friday and need to be authorised by 1pm on the payment action date. The payment will reflect in the beneficiaries account on the same date.
- Dated payments can be processed Monday to Saturday and need to be authorised by 1pm on the day prior to payment date.
- All payments will reflect at the same time in the beneficiary’s account irrespective of the bank or type of account.
- Funds transfer - Should you not have sufficient balance in your Sage Pay account to make payments, you can transfer the funds to our clearing accounts at one of the 5 major banks.
- Credit balance – Processing debit orders through your Sage Pay account, allows you to release payments against the value of your debit order collections.
- We have a tailored solution for your payroll administration or outsourcing business. Ask your Account Manager for more information
|1000+||Price on request|
All prices exclude VAT
Verification of Bank Details
- Avoid unnecessary last minute rejects when processing payments by using bank account validation. You have the peace of mind that all payments will be accepted by the banks on payday.
- Ensure that you pay money into the correct bank account by using our verification service.
- Seamless file uploads to Sage Pay means no more emailing payment files. Email is often unsafe, unreliable and exposed on the computer desktop.
- Security is no longer an issue as payment batches can be locked when uploading, ensuring that payments can’t be edited in your Sage Pay account.
- Our flexible payment options ensure that all payments reflect on the same date in the beneficiaries’ account, irrespective of where the bank account is held.
- Manage your risk and avoid internal fraud by checking the credit status of potential employees and those in positons where managing money is key to their role.
- Once you complete your payroll run, your employee payments file is automatically created and uploaded to Sage Pay.
- Salary payments are reconciled to Sage Pastel Accounting through Bank Manager.
- Download Sage Pay statement into Bank Manager to automatically reconcile supplier payments.
- Conduct commercial checks from multiple credit bureaus, get information on judgments, default payments and fraud listings.Select outstanding supplier invoices from Sage Pastel Accounting and send payments seamlessly to your Sage Pay account.
|ID number validation||FREE!|
|Bank account validation||FREE!|
|ID number verification||R4.75|
|Bank account verification||R4.00|
|Salary & supplier payments||R3.00|
Prices exclude VAT.
High monthly volume- special fee structure available on request.