Accept online payments via Nedbank Direct EFT
Accept payments from Nedbank customers directly over API with Nedbank Direct EFT, through Stitch. With Stitch Pay by bank you can accept payments via Capitec Pay, Nedbank Direct EFT and ABSA Pay APIs.
Accept Nedbank payments via Nedbank Direct EFT
Nedbank is a major bank in South Africa, with more than 7 million customers. In 2024, Nedbank launched Nedbank Direct EFT – an API that allows patrons of Nedbank to make a cashless digital payment directly from their Nedbank online banking app.
With Stitch, businesses can accept digital Nedbank payments via the Nedbank Direct EFT API, alongside payments via other direct bank APIs including Capitec Pay and Absa, as part of the Pay by bank solution. This can be integrated alongside other digital payment methods such as card, cash, Pay with crypto and more.
Why Nedbank Direct EFT?
Offer Nedbank customers an easier way to make direct payments from their Nedbank banking app. Integrate Nedbank Direct EFT as a standalone digital payment method to enable customers to make an Nedbank online payment even faster.
The Stitch team works directly with the Nedbank team to ensure payment security, safety and anti-fraud protocols. This means your customers’ funds and data are safe whenever they make a Nedbank online payment.
Stitch has a direct network integration with Nedbank, which enables us to provide reliable payments through Nedbank Direct EFT. We’ll always alert you quickly if something goes wrong.
Bank APIs in South Africa: the future of digital payments
Account to account payment methods like Pay by bank are on the rise in South Africa. Since 2023, major South African banks, including Nedbank, have released APIs that make it easier for their customers to make direct bank payments to online merchants – without the need to log into their bank accounts.
With the Nedbank API, customers can make fast, secure payments right from their bank accounts, thanks to payment providers like Stitch who partner directly with banks for added security and reliability.
FAQs
The Nedbank Direct EFT API enables customers to make Nedbank online payments directly from their Nedbank account, without the need to enter their banking details online. The Nedbank Direct EFT API is available to merchants via payments providers like Stitch.
It’s easy to integrate the Nedbank Direct EFT API alongside other payment methods with Stitch to start accepting Nedbank EFT payments. For existing Stitch customers, very little additional development work is required. For new Stitch customers, Nedbank Direct EFT can be added alongside other Pay by bank digital payment methods.
Customers can either pay by bank using Nedbank as their preferred bank, or they can pay via Nedbank Direct EFT.
There are no additional fees for customers to make a digital payment using Nedbank Direct EFT.
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