Real Pay South Africa – March 2019 Newsletter

South Africa | March 2019 Dear Realpay User The end of the first quarter 2019 is already in sight.  Not only is business activity in industry on the increase, it is also marked this year by significant change at legislative and policy level. A key initiative is the National Treasury and SARB’s review process of the...
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South Africa | December 2018 Dear Valued Client Thank you As the year winds down, we take this opportunity to thank you for choosing us as your service provider and giving us the opportunity to grow. None of our achievements would have been possible without you and your unwavering support. A message from our Managing...
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December 2018 Dear Valued Client Real Pay DebiCheck Update With the year coming to an end we take a deep breath and reflect on the progress with the DebiCheck project during this challenging, yet exciting, year. As mentioned in our November 2018 DebiCheck Update, the SARB issued an amended draft directive to various industry stakeholders...
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December 2018 Dear Valued Client Real Pay DebiCheck Update — BREAKING NEWS — AC/DebiCheck Directive Published During our DebiCheck Update newsletter dated 14 November 2018 we made reference to the draft Directive still up for comment and input to be finalised by end November 2018. We can confirm the amended Directive has been published in...
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Important Notice | June 2018 Dear Valued Client Real Pay DebiCheck Update: SARB Draft Amended Directive The DebiCheck project is characterised by complexity and challenges impacting system functionality and stability. An amended draft Directive was issued by the SARB to industry stakeholders earlier this week, and after several User inquiries we provide the following short...
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October 2018 Dear Valued Client Real Pay DebiCheck: Onboarding process, production pilot and contract update The DebiCheck initiative is gaining momentum at industry level and role players are gearing up to ensure that they are ready by 1 February 2019. Awareness of the new stream has already been created in the media and general communication...
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September 2018 Dear Valued Client We are excited to announce that Real Pay successfully completed the industry testing phase with both our sponsoring banks, FNB and Absa. We are live with DebiCheck. Having received the DebiCheck live announcement from the banking industry, we are intensifying the process of onboarding pilot Users. Our next step is to...
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Important Notice | June 2018 Dear Valued Client We refer to the email issued on 26 June 2018 by the PSSF regarding DebiCheck.  The mail was issued by the PSSF on request of PASA to create user awareness regarding the new DebiCheck (Authenticated Collections) payments stream. Real Pay acknowledges the content of the mail, the process...
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South Africa | May 2018 Dear Real Pay User New system functionality: NDO dashboard  This new chart will give you a detailed overview of your transaction statuses throughout the month. It is not an interactive chart and will only provide an indication of your transaction status. In no way should this be used for reconciliation,...
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South Africa | February 2018 Dear Real Pay User The first quarter of 2018 is already well underway. The payments industry is evolving at an ever-increasing pace, creating new opportunities and benefits for industry participants as well as system Users. Real Pay is optimistic that the role and importance of non-bank financial institutions participating in...
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