Domestic Payments and Collections
Secure, cost-effective and comprehensive electronic solutions
From a single platform you have multiple payment and collection options.The platform gives you complete control over authorisation profiles for each individual based on the type and value of a transaction.
Some of the benefits
Enhanced account reconciliation
Increased efficiency of time and labour
Secure, convenient and cost effective
Segregation of duties
Payments
- Various payment solutions are available depending on your requirements.
- Payments can be managed and created offline and imported into Business Online.
- Payments can be future dated for up to 60 days.
- Full audit reports are available.
- Creditor account details can be stored on Business Online or maintained on an offline source.
- Segregation of duties allows for approval levels of up to 9 people in need.
- Fully integrated solutions are available.
Collections
- Various collection solutions are available depending on your business requirements.
- Collections can be managed and created offline and imported into Business Online.
- Collections can be future dated for up to 60 days.
- Full audit reports and unpaids reports are available online.
- Debtor account details can be stored on Business Online or maintained on an offline source.
- Segregation of duties allows for approval levels of up to 9 people in need.
- Fully integrated solutions are available.
Value added services
Account Verification Service / Account Verification Real Time
- Validating of beneficiary account details across participating banks
Reconciliation Solutions
- Receipt Reference Service: Physical cash referencing on ATMs and over counter in branch
- Company Directory Index: Electronic payments with specified referencing requirements
Pay Alerts
- Notification to creditors of initiated payment instructions
We also offer:
- Debicheck
- SARS eFiling payments. Click here to Access our SARS eFiling guide.
- MY Bills (electronic bill presentment)
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Payments
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Collections
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Value added services
- Various payment solutions are available depending on your requirements.
- Payments can be managed and created offline and imported into Business Online.
- Payments can be future dated for up to 60 days.
- Full audit reports are available.
- Creditor account details can be stored on Business Online or maintained on an offline source.
- Segregation of duties allows for approval levels of up to 9 people in need.
- Fully integrated solutions are available.
- Various collection solutions are available depending on your business requirements.
- Collections can be managed and created offline and imported into Business Online.
- Collections can be future dated for up to 60 days.
- Full audit reports and unpaids reports are available online.
- Debtor account details can be stored on Business Online or maintained on an offline source.
- Segregation of duties allows for approval levels of up to 9 people in need.
- Fully integrated solutions are available.
Account Verification Service / Account Verification Real Time
- Validating of beneficiary account details across participating banks
Reconciliation Solutions
- Receipt Reference Service: Physical cash referencing on ATMs and over counter in branch
- Company Directory Index: Electronic payments with specified referencing requirements
Pay Alerts
- Notification to creditors of initiated payment instructions
We also offer:
- Debicheck
- SARS eFiling payments. Click here to Access our SARS eFiling guide.
- MY Bills (electronic bill presentment)
We also offer
International Payments
Business Online allows you to process your cross-border payments and transfer funds between your Foreign Currency accounts.
Liquidity Management and Account Services
Gain the advantages of concentrating your cash positions to ensure the right amount of liquidity in your business.