Netcash offers a web service called ‘NIWS_NIF’ used to send batched outbound Payment files to a Netcash account and then to the National Payment System. Netcash’s outbound payments are similar to internet banking payments with the added benefit of
- faster clearing times – all Netcash payments clear at midnight of the action date. Thus, no interbank waiting time as all beneficiaries are paid simultaneously; irrespective of bank, branch -or account type.
- reduced -and fixed transaction charges – Netcash’ payments are billed at one (1) fixed transaction charge irrespective of bank, branch or account type unlike most commercial banks do.
Contact your Netcash Payments Advisor for more information.
Suggested Integration Process Flow
We highly recommend that you download the suggested API integration process flow document and keep it on hand while you develop.
Kindly adhere to the Netcash brand guidelines when developing.