nedbank Direct EFT

Unlock Seamless Digital Payments with Nedbank Direct EFT.

Join the Future of Payments

Introducing the Nedbank Direct EFT through Ozow - a revolutionary payment solution designed to elevate your digital transactions. Experience increased completion rates, enhanced security, and a streamlined payment flow that propels your business into the next era of commerce.

* You must be 18+ years to use Ozow.ME
why Nedbank

Why choose Nedbank Direct EFT ?


Faster Completions
Enjoy a quicker payment flow, from 'pay' to 'completed' in record time.
ozow security
Enhanced Security
Two-factor authentication and data encryption ensure your data is kept safe and secure.
Simple authentication
Log in effortlessly with just your ID number – no additional information required.


pay by bank
Guaranteed settlements
Experience daily aggregation and automated reconciliation for seamless financial management.
ozow pin fast
Enhanced security and Fraud protocols
Collaborative security measures with Nedbank ensure a secure environment, without the need for extra development efforts.
Access to +7 million Nedbank users
Expand your customer base and reach a broader audience effortlessly.

How Nedbank
Direct EFT API

Safe, Secure, and Effortless
Nedbank Direct EFT API simplifies the payment process. With just your ID number, the Nedbank app, and a smart device, you can complete transactions securely. Follow the intuitive prompts for an enhanced user experience.

Nedbank Direct EFT

Experience the Future of Payments

Enjoy a seamless, user-friendly interface for hassle-free transactions.
Reduce abandoned carts
Monitor transactions and performance
Gain real-time insights into your transactions and overall performance
24/7 Customer Support
ozow payment solutions

How to use Capitec Pay?

Capitec Pay is safe, secure and easy. While one or two steps might have changed, we’ve just made the process more intuitive than ever.

Customers no longer need their banking details – with Capitec Pay you only need your mobile number, the Capitec banking app, and a smart device. After using your mobile number simply follow the prompts.

Nedbank Direct EFT FAQs

What is Nedbank Direct EFT API?

Nedbank Direct EFT API is a swift and secure method for processing online transactions without the need to input your card or bank account information. With Nedbank Direct EFT payment API there is no longer a need to disclose your banking details to e-commerce sites. All you need is your profile username and password, and you can authenticate the transaction right on your banking app. It is a safe and secure means of making digital payments.

What is the difference between Nedbank and Nedbank Direct EFT payment ?

In line with the South African Reserve Bank's (SARB) Vision 2025, Nedbank has initiated its Open Banking venture – Nedbank Direct EFT payment API. Nedbank Direct EFT payment API is a fresh payment approach introduced by Nedbank for Ozow customers. This solution eliminates the requirement for clients to utilise remote banking credentials for payment purposes. Instead, they can employ their profile username and password as their bank identifier and their banking app for authorisation. 

How do I use Nedbank Direct EFT?

1. Nedbank will be displayed on the bank selection page. 
2. Consumers will then be redirected to Nedbank online banking services and requested to sign in with their Nedbank internet banking username and password.
3. Select an account to make the payment from:
4. Authorise the Approve-it message.
5. Great news! The payment has successfully been made.

Can a Nedbank transaction be done via RTC?

No, Ozow will aggregate funds on your behalf and settlement will occur once a day. This will be done at 15:00 on weekdays and 08:00 on Saturdays. No Settlement happens done on Sundays or Public Holidays.

Can a merchant opt out of using Nedbank API?

Yes, merchants can opt out of using NedbankDirect EFT API.  It is however important to understand that your customers will not be able to complete payments using Nedbank as the bank will not be shown as an option on the Ozow Payment flow.  In order to opt out of using Nedbank API, please send an email to informing us that you wish to opt out of Nedbank Direct EFT API. 

Will this require additional integration?

No, there is no additional integration required, as we have incorporated the Nedbank Direct EFT API into our payment flow.

Can I choose not to aggregate settlement using Nedbank API?

This option is currently unavailable; however, we will allow direct settlement of funds for Nedbank transactions soon.

How long do Nedbank transactions take to reflect on the Ozow Merchant dashboard?

As with our standard Pay by Bank product, these transactions and statuses are updated in real time on the Ozow Merchant dashboard.

How have the Payment Screens changed for Nedbank?

Nedbank will be displayed on the bank selection page. Consumers will then be redirected to Nedbank online banking services and requested to sign in with their Nedbank internet banking username and password.
1. Select an account to make the payment from.
2. Authorise the Approve-it message.
3. Great news! The payment has successfully been made.

When does settlements of Nedbank transactions occur?

Settlement of funds for Nedbank transactions will occur once a day on weekdays at 15:00 and 08:00 on Saturdays.  No settlement occurs on Sundays or public holidays.

Will there be a limit to the amount you can pay via Nedbank?

Your personal Nedbank payment limits apply.

Capitec Pay
with Ozow

Paying with Capitec on Ozow has changed for the better with Capitec Pay – an intuitive payments API powering the next generation of commerce.

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