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.

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Why use Netcash for salary payments?

Save Time

By using bank account validation, you will avoid unnecessary last-minute rejections when processing payments. Have the peace of mind that all payments will be accepted by the banks on payday.

Extra security

To ensure that your account is more secure, you are able to dictate the levels of access, the number of authorisers per payment batch, and use One Time Pins (OTPs) or 2 Factor authentication to authorise payments.

Increase accuracy

Accuracy is of utmost importance when making payments, which is why we ensure that you pay the correct bank account every time by using our bank account verification service.

Greater flexibility

With our Dated Payments service all your payroll payments reflect on the employees accounts on the same date at the same time, irrespective of where the bank account is held.

Be in control

Extensive reporting including statements, batch, and audit reports, as well as payment notifications, ensure you are kept in the loop of all payment aspects.

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.

Convenient to pay

Upload payment files to Netcash directly from one of our payroll partner’s software.

Files are kept safe

Payment batches are sent directly to Netcash and not exposed on your computer where they might be tampered with.

Pay the right person

Validate and verify bank account numbers as you capture them in your Payroll software.

Know your employee

You are able to do credit checks from multiple credit bureaus on employees on your Netcash account.

Automated reconciliation

Effortless reconciliation off a single, comprehensive Netcash statement.

Hassle-free integration

A simple link between your payroll software allows for functionality to be instantly available.

Calculate how much can be saved with Netcash

FAQ’s

What is the difference between Dated and Same day payment?

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.

On which days can payments be made?

Dated: Mon – Sat, excl. public holidays.

Same-day: Mon – Fri, excl. public holidays.

Does Netcash offer integrated payments with my software?

Netcash is integrated into various accounting, payroll and billing software. To view our existing integrated partners, click here.

If you would like to become an integrated partner, click here

How do I fund my Netcash account in order to process my payments to beneficiaries?

Simply pay your total batch value into your Netcash account by funding one our clearing accounts held at the major South African banks.

How do I know my payments will reach my beneficiaries on payment date?

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.

Anton van Heerden
Managing Director | DNA Outsourcing

Partners

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.