How can I pay someone immediately without withdrawing cash?

Send them an Instant Payment via PayShap from the GoTyme Bank app. All you need is their cellphone number or account number, the money is in their account within seconds and anything under R5,000 is free.

No ATM, no queue, no cash in your pocket

PayShap is South Africa's real-time payment system, and with GoTyme Bank it is built into the app from the day your account opens. There is nothing to register and nothing to install.

It runs 24 hours a day, 365 days a year. No cut-off times, no business hours and no waiting for Monday. Split that bill at a Sunday brunch and the money lands instantly.

How to send an Instant Payment via PayShap

Tap Pay in the GoTyme Bank app and choose to pay a cellphone number or an account. Enter their details and we check automatically whether an Instant Payment via PayShap is available. Add the amount and a reference, confirm with your fingerprint, face ID or a one-time PIN, and it is done.

What does a PayShap Instant Payment cost?

Nothing at all under R5,000, which covers most of what you would have drawn cash for anyway. Above that it is one flat fee of R7 up to the R50,000 limit, whatever the amount.

Is PayShap actually safe?

Safer than the cash it replaces. Before you confirm, you see the registered name attached to the number you are paying, so you can check it is the right person. Every payment needs your fingerprint, face ID or PIN. Both of you get a notification the moment it lands, so there is no arguing later about if it was paid.

The one thing to know is that PayShap payments are final, so read the name before you tap send.

See how PayShap works with GoTyme Bank.