What is a safer way to get paid by a stranger without sharing my bank details?

Give them your cellphone number instead of your account number. With PayShap they can send you an Instant Payment straight to that number, and the money lands in your GoTyme Bank account without your account details ever leaving your hands.

Your cellphone number is your ShapID

A ShapID is a short alias pointing to your bank account. With GoTyme Bank it is your registered cellphone number with @GOTYME after it, set up automatically the day your account opens.

Give them your cellphone number and linked bank name. The buyer sees your registered name before they confirm, so they know they are paying the right person, and you have shared nothing that can be screenshotted and passed around.

Or send them a Payment Request

You can also send a Payment Request via PayShap for the exact amount and it lands in their banking app ready to approve. You control the amount and the reference, and it works with customers at African Bank, Capitec, FNB, Nedbank and Standard Bank.

Selling on Facebook Marketplace

This is where Instant Payments come in handy. Someone is collecting a couch and you would rather not hand a stranger your banking details or count cash on your driveway.

An Instant Payment via PayShap costs them nothing under R5,000 and costs you nothing to receive, whatever the amount. What’s even better is that PayShap payments cannot be reversed once authorised, so nobody can collect your stuff and claw the money back afterwards.

Buying rather than selling?

It works the same in reverse. Ask for their cellphone number and send an Instant Payment via PayShap, free under R5,000. Because the payment is final, send it once the item is in your hands and not before.

Check your own app, never their screenshot

A proof of payment screenshot proves nothing. Open your GoTyme Bank app and confirm the money is actually in your account before anything leaves with them.

See how PayShap works with GoTyme Bank.