Important Notice: The Old TymeBank app has been discontinued. Switch to the GoTyme Bank app to continue banking. Your account information, balance and cards remain unchanged. Use your same login details.

Money Tips

Can I pay my casual staff and contractors with PayShap?

• 15 Sep 2026

Yes. You can pay casual staff and contractors with Instant Payments via PayShap using their cellphone or account number. The money reflects in real time, up to R50,000 per payment, so your team gets paid the moment the work is done.

It is Friday afternoon and the job is finished. Instead of a trip to the ATM, a pile of envelopes and a queue of workers waiting for their cash, you open the GoTyme Bank app, tap Pay and everyone is paid before they have packed up their tools.

Why PayShap works for pay day

  • All you need is a cellphone number. No collecting banking details from every worker. If their bank offers PayShap, their cellphone number is enough.
  • See who you are paying. For cellphone payments, the recipient's details show before you confirm, so the money goes to the right person.
  • Most wages cost nothing to send. Instant Payments up to R5,000 are free. From R5,001 to the R50,000 limit, it is a flat R7.
  • No cash to draw or carry. Pay straight from your phone, wherever the job is.
  • A clear record of every payment. Each transaction sits in your app history, which makes it easier to keep your books in order.

Built for businesses that run on casual work

Builders, caterers, cleaning services, event companies and salons often rely on people who work by the day or the job. Those workers want to be paid on time and in full, and the businesses that do this well are the ones good people come back to. Paying with PayShap means no waiting for an EFT to clear over the weekend and no cash to count out at the end of a long day. You pay when the work is done and your team sees the money straight away.

Make your next pay day easy

Open the GoTyme Bank app, tap Pay and start making payments instantly via PayShap and GoTyme Bank.