Over 10 years of safe EFT processingSID is South Africa’s original, and most secure Instant EFT solution. Collect EFT payments via your website, email or invoices Receive instant, guaranteed payment confirmation Funds are transferred directly to your bank account
Why SID Instant EFT?
New SID Features
Automated RefundsSID’s now offers an Automated Refund System, allowing you to process refunds for Instant EFT transactions via the SID Merchant Portal, or via our Refund API.
Embedded IntegrationWith our new Embedded Integration option, the SID transaction occurs within an iframe embedded on your own web page, so your customer never leaves your website.
SID Payment LinkThe Payment Link feature allows you to generate a unique SID payment hyperlink, which you can send to your customer in an invoice or in the body of an email.
Transaction SpeedWe’re continually improving our transaction speed. For 2017 alone, we’ve already doubled our transaction speed, with even faster speeds on the horizon.
SID Payment Flow
After selecting the SID payment option on your checkout page, the customer is prompted to select their bank.
INTERNET BANKING LOGIN
They’re then prompted to log in to their Internet Banking.
The customer selects the bank account they wish to pay from.
To complete the payment, they enter a One-time PIN received from their bank.
SID PAYMENT COMPLETE
The payment is then complete and the customer can log out. SID directs them directly back to your website where you can issue an instant order/booking confirmation.
Mobile EFT With SID
Mobile connectivity and smartphone penetration are driving e-commerce growth in South Africa. According to Visa, about one in four online shoppers in South Africa use their mobile device for online purchases. By implementing the SID payment method on your website, you can now activate valuable mobile sales channels for your business.
SID Instant EFT facilitates a seamless payment process on all devices, including smartphones and tablets.
SID is Trusted
The SID Instant EFT payment method is trusted by hundreds of South African e-commerce businesses of all sizes. These are just a few of our valued clients.