Flexifusions EFT Payments (PAAF – payment against available funds) can be done to multiple
third-party accounts. Businesses can do once of, recurring or batch payments to different
creditors or payments to employees etc. This system is frequently used to pay service
providers or salaries.
Same Day Value (SDV) is achieved should the user process and authorise paymen ts before 11h00
on the date that the payments need to be made, k eeping in mind that this is done on business days only. The payment will then reflect on the beneficiary account with a same day value.
GENERALLY, THESE PAYMENT SERVICES ARE MORE COST EFFECTIVE THAN CARD PAYMENTS
OR NORMAL EFT PAYMENTS.
OR NORMAL EFT PAYMENTS.