PayShap
FPSSouth Africa's instant payment system. Launched 2023. 24/7/365. Proxy-based transfers (ShapID - phone number, ID, or email). Max ZAR 50,000 per transaction (increased from ZAR 3,000). First real-time interbank payment system in South Africa.
ClearingPost does not assess whether PayShap is running normally.
Next
Dated items ClearingPost holds, each with its source and whether the date is confirmed
No supported upcoming items in ClearingPost's records for PayShap.
ClearingPost holds sourced upcoming items for 13 of 149 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.
Changed
All recorded changes →Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such
Sources No status page recorded · 7 of 15 fields carry a source and a recorded date · latest sourced entry recorded 13 Nov 2026 · evidence details ↓
Record · PayShap
South African Reserve Bank Governor Lesetja Kganyago told the SARB Payments Conference on 26 October 2026 that PayShap has passed 1 billion transactions since inception in 2023, with a total value transferred of over R1 trillion. Those are cumulative since-launch figures rather than a periodic series, which is why no average daily value is recorded for this system. The Governor placed PayShap volumes at about 6 per cent of card transaction volumes and at less than 40 per cent of electronic funds transfer credit volumes, so the rail remains small relative to the instruments it is intended to displace.
Operations · PayShap
Operational monitoring: not configured. ClearingPost does not monitor operational sources for this system and does not assess its current service condition.
Operations lists the systems ClearingPost monitors and the operational events it has recorded.
Intelligence for PayShap (8)
Coverage whose headline or summary names PayShap, or names its operator or country together with its system type. Each item quotes that evidence and says whether the source is the PayShap operator or external.