Which Banks Have PayShap and How to Switch It On
Every bank live on PayShap in one table, the switch-on pattern that is the same everywhere, and your honest options if your bank — or your wallet — isn't on the network.
PayShap
PayShap explained for everyday use: what it is, how a ShapID works, which banks and wallets are on the network, what a payment costs, how fast it lands and where it beats a normal EFT. Guides for people who get paid, split rent or pay a tradesman by phone number. Pair PayShap in your bank app with a SOLmate wallet to keep the rest of your money cheap to move. SOLmate is not a bank; it is a money wallet run by an authorised FSP (52248).
PayShap vs EFT vs RTC in South Africa (2026): Which Way to Send Money, When
Same money, three speeds, three prices. PayShap clears in seconds around the clock, a standard EFT queues in batches for 1–2 business days, and RTC buys you the courier lane at a premium. Here is the difference — and a one-question rule for choosing.
What Is a PayShap ID (ShapID) and How to Get One in South Africa (2026)
A ShapID is not an app or a separate account — it is a short proxy, usually your cellphone number, pointing at a bank account you already have.
Instant EFT vs Standard EFT in South Africa: RTC Explained (2026)
A standard EFT costs a few rand and takes 1–2 business days; an instant payment lands in minutes and costs several times more. Here's how both actually work, when the speed premium is worth paying — and when it's money down the drain.
PayShap Explained (2026): How It Works, Banks, Limits, Fees and How to Send
Quick answer: PayShap is South Africa's instant payment rail, run