What to know about SA Bank Pay outs:
- Pay outs are delivered same day or latest the next day depending on the bank being paid out to. Pay outs are not instant like all our other countries.
- Payment status takes 3 days for call back. The final status of a transaction can only be reflected after 3 days. The transaction will always reflect as pending. The funds will be paid out either the same day or the next day but the status of the transaction will only be verified after 3 days.
- The name Match API is not instant. Once a payment is sent through, verification of names can only be provides at the time the bank is initiating the batch pay out
- If the name and bank account number do not match, funds will not be paid out.
- Bank Pay outs will be available on all the packages