Overview
Introducing Payaccsys Integrated: a groundbreaking solution from Payaccsys Services, a leader in the payments industry. Our goal is to revolutionize Third-Party EFT Debit and EFT Credit payments by leveraging advanced technology to minimize manual processes. Seamlessly integrated with Xero, our platform streamlines bill processing and ensures security through account verification. With enhanced permission-based access, you have full control over information accessibility. Transform your financial operations with Payaccsys and benefit from reduced transactional banking fees through wholesale negotiated pricing with our sponsoring banks.
Payaccsys Integrated + Xero
Payments: For Creditor/Suppliers: Effortlessly manage payments with our Xero Integration, allowing you to select and pay individual suppliers or specific invoices, or simply bulk upload payment batches. Choose from flexible payment options, including same-day payments with a cutoff time of 15:00 (reflecting between 8 and 10 pm) or Realtime Payments, which reflect within 60 minutes, available 24/7, 365 days a year. Terms and conditions apply.
Payroll: Protect sensitive payroll information by creating separate profiles to restrict access. We accommodate any payroll format and assist in mapping your payroll file for seamless integration.
Profile to Profile Transfer: Transfer funds seamlessly between your linked profiles on our platform at no cost.
Debit Orders: Opt for our Same Day Service Collections with automated recurring collection submission. Cut-off time for new debit orders is 15:00 on the collection day, processed every business day. Collections scheduled on weekends or holidays will be processed the next working day. Manage mandates conveniently online with our centralized service, including bank-compliant mandates that can be emailed directly to your clients.
Account Verification: Ensure payment security with real-time Bank Account Verifications (AVS) to participating banks. Optionally switch on automated verifications or perform ad hoc checks. Unverified accounts won't be blocked for payment but offer added security. AVS is mandatory for debit orders.
Payment Instruction Funding: Pay against available balance of funds collected via debit order or quickly fund your account through one of our controlled bank accounts with the four major banks.
Getting started
- Navigate to: https://securefin.payaccsys.com/signup.php
- Complete the short sign-up request.
- Our team will create a temporary profile where you can finalise your application and request approval.
- Following approval our team will contact to assist you with loading / adding additional users if required, setting user permissions and connecting your Xero Profile.
- Once connected your Xero bills to pay will automatically sync.
- Create your supplier directly from the Xero Bills to Pay screen or link an invoice to an existing supplier. You will require the supplier bank details for this step. (Ask our team for assistance with bulk uploading of suppliers, including their bank details. This will expedite the process of linking synced invoices to a supplier)
- If you are paying a bank defined beneficiary such as a municipality, select the supplier from the pre-populated beneficiary list.
- You can perform an account verification on created / linked suppliers to ensure that you are making payment to the correct bank account. (optional service)
- Invoices of created / linked suppliers can now be selected and scheduled for payment. You can post date payments but ensure that you have sufficient funds for the payment to process on the scheduled date.
- Fund your profile by making payment to one of our bank accounts. Bank details will be provided upon signup.
- Our team will allocate your deposit to your profile and the payment will process on the scheduled date against available balance.
- Daily Bank Feed at 8 am to reconcile your payments on Xero.
