Simplify processing recurring salary payments
Paying salaries each month should not bring additional pressure; when you pay employees using Netcash you can relax in knowing that everyone will get paid on time. Make single transaction or batch salary payments online to all South African banks.
Why use Netcash for salary payments?
Be in control
Netcash is integrated to payroll software
Seamless file uploads from your payroll software to Netcash means no more risky emailing of payment files. Save time, improve accuracy and mitigate risk by making use of integrated payroll software.
Dated: All beneficiaries receive funds to their bank account on the same day irrespective of where the bank account is held. Perfect for salary and wage payments.
Same day: FNB account holders receive payment in the afternoon of action date. Other bank account holders receive payment at midnight on action date.
Dated: Mon – Sat, excl. public holidays.
Same-day: Mon – Fri, excl. public holidays.
Simply pay your total batch value into your Netcash account by funding one our clearing accounts held at the major South African banks.
Our bank account verification services (AVS) ensures that you are making payment to the correct beneficiary by matching the bank account number to an ID number or company registration number.
For a business to transfer their entire salary bill into a company’s account, they must be trustworthy. Given Netcash’s experience, history and endorsement by the major banks, I believe they are payment leaders in South Africa.
Our Software Partners have integrated our payment functionality into their software to simplify the customer experience. The integration provides customers with seamless, secure and accurate data transfer.
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