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PSSF RegNo: B00014 / MFSA RegNo: 5530

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BASIC SYSTEM FUNCTIONALITY OF FLEXI PAYMENT SOLUTION

The FLEXI Payment Solution (FLEXI PS) provides approved participating entities access to all Banks and their subsidiaries in the South African Rand monetary area.
The FLEXI PS is a solution for all. From small to large businesses, low to high transaction volumes. The basic functionality enables the user of the solution to generate debit order payment instruction on authorization from the user’s client via a signed mandate.
The following types of accounts can be debited:
- Current Account (Cheque Account)
- Savings Account
- Transmission Account
- Credit Card Account