No queues, no hassles, no extra information... Just money in your account shap, shap.
Why use PayShap?
It’s safe
No need to carry cash, just PayShap it!
And it’s instant
Your money will be sent and received immediately.
How to register for a ShapID
To receive money instantly from other banks , you’ll first need to set up a ShapID by following these steps:
- Log on to your Money app or Cellphone Banking.
- Select the ‘ShapID’ widget.
- Go to Register a ShapID.
- Read and accept the terms and conditions
- Select the account you want to link your PayShap.
- Select Register, then Done. You’re now ready to use your ShapID (cellphone number) to get paid.
To register using Cellphone Banking, simply dial *120*001#, log in and follow the PayShap menu steps.
To use PayShap on the Money app
- Log on with your Nedbank ID, app PIN or FaceID.
- Select Pay and tap Single payment.
- Enter the recipient’s name and swipe to Pay to a ShapID.
- Enter their ShapID (making sure to pay the right person!)
- You can also Select from saved recipients and tap Pay to a ShapID if you've paid the same person before.
- Select Next and accept the terms and conditions.
- Enter the amount you want to send.
- Review the payment details.
- Select Pay and tap Finish.
To use PayShap on Online Banking
- Log on to your Online Banking.
- Select Pay and tap Single payment.
- Enter the recipient’s name and swipe to Pay to a ShapID.
- Enter their ShapID (making sure to pay the right person!)
- You can also Select from saved recipients and tap Pay to a ShapID if you have paid the same person before.
- Select Next and accept the terms and conditions.
- Enter the amount you want to send.
- Review the payment details and select Pay.
- Read the note that appears and confirm by selecting Pay now.
Need to increase your PayShap limit?
You can now increase your limit to up to R50 000 on the Money app or up to R10 000 on Online Banking.
Please note: Your PayShap limit cannot be more than your payment limit. If you want to increase your PayShap limit to an amount higher than your payment limit, please increase your payment limit first.
See steps on how to increase your PayShap limit.
To use PayShap on your Cellphone Banking (*120*001#)
- Dial *120*001# and log on to Cellphone Banking with your PIN.
- Select PayShap on the main menu.
- Select Pay a ShapID or Pay recipient.
- Select the account you want to pay from.
- Enter the recipient's details.
- Verify the details to make sure that you are paying the right person.
- Enter the amount you want to pay.
- Enter the reference for the payment.
- Review the payment details and select Confirm to complete the payment.
For a full view of the Cellphone Banking steps see our how-to guides.
It’s as simple as that. The recipient will get the money in seconds.
PayShap payments are also accepted by Standard Bank, ABSA and FNB.
Need more info? Read the FAQ
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For a secure and convenient way to manage your money, open an account, get a loan, or even buy gift and prepaid vouchers: get the Nedbank Money app.
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