Real Pay South Africa - July 2022
Real Pay Website Update
Information Database Update
Real Pay strives to maintain a superior level of communication with all our beneficiary Users; therefore, we must continuously update our client information database.
Each nominated representative for Real Pay will be prompted to update their information when logging in to the Real Pay interface.
This will take place during various phases, from the end of July until the end of 2022
DebiCheck – TymeBank
TymeBank has recently joined as a DebiCheck participant. As communicated in our DebiCheck Newsflash, Users can only submit “transaction type 2” (TT2) instructions at this stage.
Users can choose TymeBank as a paying bank on the Real Pay interface and we urge you to contact us should you have any queries.
As mentioned previously, the closure of the AEDO and NAEDO PCH PGs occurred during June 2022. All DebiCheck transactions must be accompanied by a duly signed mandate. This remains an important measure should a transaction be disputed.
Interbank processing of NAEDO disputes has been discontinued from June 2022 as per the PASA and DebiCheck toolkit communication.
Find the updated toolkit link here
Payments Industry Body
The PIB sign-off process is well underway and Real Pay continues our participation at industry level via our association with CIBA. We will remain keeping Users updated on the latest developments.
Please email firstname.lastname@example.org for any compliance-related questions.
Kind regards,The Real Pay Team