What is PayShap?

• PayShap is the fastest way to send and receive payments! Your payment will clear instantly.
• All you need, is a ShapID to receive payments in your bank account. This means that instead of giving someone your banking details to pay you, you give them your ShapID. 
• A ShapID will be your cellphone number. 
• For Business Banking users, it can also be a number that we generate for you.
• Your ShapID will be linked to your transactional cheque or savings account.
• If you have registered for PayShap with other participating banks, make sure you let the person know that they need to select Absa as your bank when they’re paying you using your ShapID. 
• To make a payment, you will need your beneficiary’s ShapID. 
• PayShap payments up to R3 000.00 can be made.
• Remember that to receive PayShap payments, you will need to register a ShapID. 
• PayShap payments are irrevocable and only available to South African ID holders.