What is a payment limit?

Your payment limit is how much money you can pay from your online banking in a day. It includes the following transactions:

  • Once-off and beneficiary payments.
  • Buying PrePaid airtime and data.
  • Buying PrePaid electricity.
  • CashSend.

For example, if your payment limit is R1 000, you can only make payments, buy PrePaid or make CashSend of up to R 1 000 each day.

If you set your payment limit to R0.00, you cannot make payments, buy PrePaid or make CashSend.