Payment Against Available Funds Credit

NuPay tsp Service Type:

Payment Against Available Funds Credit:

Any use wishing to make payments from their bank account to credit another 3rd party bank account can use the PAAF service type. The types of accounts that can be credited by the user are:

  • Current Account (Cheque Account)
  • Savings Account
  • Transmission Account
  • Credit Card Account

The user accesses the PAAF service type off the NuPay tsp website.

The user creates a credit batch via the NuPay tsp website.

The user has the ability to edit the batch via the NuPay tsp website subject to certain pre-agreed authorisation rules.

The credit batch created by the user subject to the authorisation rules can be submitted for processing.

NuPay tsp submits the credit batch on the day requested, for the transaction to be processed. The users account is debited and the 3rd party's bank account is credited accordingly.

Application Process for Service Types

NuPay can facilitate the application process on behalf of users with ABSA and FNB Banks. To fully assess and support user requirements for debit order facilities we would require copies of the following items listed below.

  • Business Profile
  • Banking Details
  • Copies of ID Documents
  • Company or Trust Registration Documentation
  • Completed application form