Pay2ID​
Instant payments to any verified South African ID holder, no bank account details required
ID + MOBILE NUMBER | VERIFIED RECIPIENTS | REAL-TIME SETTLEMENT
Businesses making regular payments often struggle with collecting and validating bank account details. Pay2ID removes that complexity by allowing payments using only a South African ID number and mobile number. Recipients are verified before the first payment, and funds are made available in real time.
How Pay2ID Works
Pay2ID makes it simple for businesses to pay any verified South African ID holder. From submission to payment, the entire process is real-time, secure, and built for certainty.
Submit Payment
Your business submits the recipient's South African ID number and mobile number via your existing payroll, ERP or payment platform.
Recipient Verification
We verify the recipient's identity. If they don't have a supported account, they'll receive an SMS with simple instructions to open one in minutes.
Payment Released
Once verified, the payment is processed in real time or near real time and the funds are available in the recipient's account immediately.
Track in Real Time
Track every payment from submission to completion with live transaction reporting and operational visibility.
Payment certainty. Built in.
Recipients are verified before the first payment, giving your business greater confidence that funds are directed to the intended, verified recipient.
Key Capabilities
Pay2ID simplifies high-volume beneficiary payments by removing the need to collect and maintain bank account details. Businesses initiate payments using only a South African ID number and mobile number, while recipient verification before the first payment helps reduce errors and improve payment certainty.
- Bulk and individual payment capability, depending on operational need
- Real-time or near-real time processing, 24/7/365
- ID and mobile number verification before payment release
- Comprehensive real-time transaction reporting
- Fees apply only to successful transactions
- 7-day message validity window; unaccepted funds are returned automatically
Use Cases for Pay2ID
Pay2ID is suited to any business that makes regular payments to individuals where bank account details are unreliable, unavailable, or where payment certainty and recipient identity verification are a commercial or compliance requirement.
Employee Payments
Contractor and employee disbursements, including seasonal and piece workers
Insurance Payouts
Insurance claim payouts and policy disbursements
Gaming Winnings
Gaming and sports betting winnings
Grant Payments
Grant and welfare payments
Dividend Distributions
Dividend and shareholder distributions
Loyalty & Rewards
Loyalty and rewards value distribution
Benefits to your business
Pay2ID reduces the administrative burden of managing beneficiary bank account data. Because payments are initiated using ID and mobile number only, businesses avoid the delays and errors of maintaining account details at scale.
Payment certainty
Identity verification before the first payment provides greater confidence that funds reach the intended recipient.
Reduced payment failure rates
No invalid account numbers or rejected EFTs.
Simplified compliance
Built-in KYC verification through the identity confirmation process.
Operational efficiency
Bulk payment capability reduces manual processing time.
Real-time visibility
Transaction reporting gives operations teams a live view of payment status.
Cost control
Fees apply to successful transactions only.
Benefits to the recipient
A real account, not a voucher
A real bank account
Payments go directly into a low-cost, fully functional bank account. No paperwork, no branch visits, and no monthly fees.
Open in minutes
If a recipient doesn't yet have an account, they're notified via SMS and can open one in minutes through the app, online or at a nationwide kiosk.
Everyday banking
The account supports EFTs to other banks, debit card purchases, cash withdrawals and savings products, at no monthly cost.
Brands That Trust Us
With over four decades of experience, our founders are at the forefront of the EFT revolution in South Africa. This is our legacy and your guarantee of proven expertise.
How Pay2ID Works
Pay2ID makes it simple for businesses to pay any verified South African ID holder. From submission to payment, the entire process is real-time, secure, and built for certainty.
1
2
3
4
Submit Payment
Payment certainty. Built in.
Recipients are verified before the first payment, giving your business greater confidence that funds are directed to the intended, verified recipient.
How Pay2ID Works
Pay2ID makes it simple for businesses to pay any verifi ed South African ID holder. From submission to payment, the entire process is real-time, secure, and built for certainty.
Instant payments 24*7*365 to anyone with a South African ID number and a cellphone number.
Pay2ID was developed in conjunction with TymeBank and enables business clients to make bulk and individual payments to verified individuals via the easy-to-use Payz Payments Gateway.
Recipients are biometrically verified for the first payment providing recipient identity certainty, and ongoing payments can be easily and safely made.
USE CASES FOR PAY2ID
- Any business that has a need to make low-cost, instant payments to beneficiaries, where recipient identity certainty is a requirement.
- Examples of beneficiaries include employees, contract / seasonal / piece workers, and dividend / insurance / grant / gaming beneficiaries.
- Pay2ID has many applications and when integrated into the operations of a business provides significant process efficiencies
Key Capabilities
- Bulk and individual payment capability, depending on operational need
- Real-time or near-real time processing, 24/7/365
- ID and mobile number verifi cation before payment release
- Comprehensive real-time transaction reporting
- Fees apply only to successful transactions
- 7-day message validity window; unaccepted funds are returned automatically
Use Cases for Pay2ID
Pay2ID is suited to any business that makes regular payments to individuals where bank account details are unreliable, unavailable, or where payment certainty and recipient identity verification are a commercial or compliance requirement.
- Employee and contractor disbursements, including seasonal and piece workers
- Insurance claim payouts and policy disbursements
- Gaming and sports betting winnings
- Dividend and shareholder distributions
- Grant and welfare payments
- Loyalty and rewards value distribution
Benefits to your Business
Pay2ID reduces the administrative burden of managing benefi ciary bank account data. Because payments are initiated using ID and mobile number only, businesses avoid the delays and errors that come with collecting, validating, and maintaining account details at scale.
Payment certainty
Identity verification before the first payment provides greater confidence that funds reach the intended recipient.
Reduced payment failure rates
No invalid account numbers or rejected EFTs.
Simplified compliance
Built-in KYC verification through the identity confirmation process.
Operational efficiency
Bulk payment capability reduces manual processing time.
Real-time visibility
Transaction reporting gives operations teams a live view of payment status.
Cost control
Fees apply to successful transactions only.
Benefits to the Recipient
A real bank account
Recipients receive payments directly into a low-cost, fully functional bank account. No paperwork, no branch visits, and no monthly fees.
Open in under five minutes
If a recipient doesn't yet have an account, they're notified via SMS and can open one in minutes through the app, online or at a nationwide kiosk.
Everyday Banking
The account supports EFTs to other banks, debit card purchases, cash withdrawals, and savings products, at no monthly cost. Over 5 million accounts have been opened, making it one of the most widely adopted digital banking accounts in South Africa.
Brands That Trust Us
A Story Etched in South Africa's Payments History..
With over four decades of experience, our founders were at the forefront of the EFT revolution in South Africa. We helped build the very systems that underpin the country’s financial landscape. This is our legacy and your guarantee of proven expertise.
Talk to us
about Pay2ID
Whether you are paying employees, contractors, policyholders, loyalty members, or grant recipients, Pay2ID simplifies beneficiary payments while reducing administrative effort and payment failures. Designed to integrate with existing payroll, ERP, and payment systems with minimal operational disruption, it fits into how your business already works. Speak to the Causal Nexus team to find out how.