What’s the difference between Quick Pay and Instant Pay? (2024)

The Quick Pay shortcut on the new online banking platform allows you to make a payment to an existing recipient’s bank account or cellphone number in just two clicks.

To make a quick payment:

1. Log into Nedbank online banking and scroll down to ‘Quick Pay’.

2. Select a recipient.

3. Enter the amount you’d like to pay.

4. Click on ‘Pay’.

5. Review your payment.

6. Confirm your payment.

Instant payments allow you to clear payments to banks, that subscribe to this service, within 60 minutes at an extra cost. To make your payment an Instant Payment, ensure that ‘Instant Pay’ is activated when capturing the payment.