South Africa l February 2017

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South Africa l February 2017

Dear Real Pay User

Real Pay management and staff would like to wish our clients a prosperous 2017, filled with opportunities and success.

PSSF membership fees 2017

The Payment System Stakeholder Forum is in the process of sending out annual invoices. Please note that these are payable to the PSSF by end of February. Kindly use your User Number, e.g. B0001 as reference to assist the PSSF in allocating funds correctly.

Terms of Use updates

We request that all FNB Users familiarise themselves with the updated version of the FRB NAEDO Terms of Use and the FRB Terms of Use EFT available on the Real Pay Collect site.

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NAEDO / AEDO line item limit increase

The Payments Association of South Africa (PASA) recently informed system operators that an increase in the line item limit for both NAEDO and AEDO transactions was approved. As of 13 February 2017, the line item limit, i.e. the maximum amount you can collect per instalment, will be raised from the current R15 000 to R30 000 per instalment.
 
Please contact compliance@realpay.co.za with any queries in this regard.

Industry events

Micro Finance
All micro financiers are reminded of the yearly MFSA conferences. Real Pay will be attending all the sessions and would like to invite our clients to attend. The following dates have been identified and venues will be confirmed closer to the events:

  • 9 February: MFSA Midrand
  • 9 May: MFSA Port Elizabeth
  • 23 May: MFSA Durban
  • 7 June: MFSA Cape Town

For more information, or to book your seat, please contact Uncial at MFSA at info@mfsa.net.
 
Debt Collection
Please contact Eugenè at eugene@rebels.co.za regarding the Corporate Rebels Credit Industry Safari, that takes place 15 & 16 February 2017.

Product offering

For more information regarding any of the products in our collection bouquet – Non-authenticated Early Debit Orders (NAEDO), Authenticated Early Debit Orders (AEDO), Normal Debit Orders (NDO) or Common Monetary Area (CMA) NDO – please call us on 012 347 0729, send an e-mail to sales@realpay.co.za or contact your relationship manager.

Regards
 
The Real Pay Team

 

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