ENG | AFR

Steps to set up your scheduled EFT on your bank

Find the steps below to set up your Scheduled Purchase (for existing Prepaid24 clients only):

Absa Online Banking

  1. Log in to your Absa online banking and select Payments.
  2. Choose Recurring payments and add your scheduled payment.
  3. Select your Prepaid24 beneficiary.
    If you have not added Prepaid24 as a beneficiary yet, use the following details:
    Account name: Prepaid24
    Account number: 4074826482
    Branch: 632005
  4. Enter the payment amount.
  5. Choose the account from which the payment will be made.
  6. Select the payment frequency and set a start and end date. The system will display the total number of payments.
  7. Enter the beneficiary name (Prepaid24) and your meter number as your purchase reference.
  8. Select Next.
  9. Enter your own and the beneficiary’s notice of payment details, then select Next.
  10. Review the confirmation screen and make sure all details are correct.
  11. Select Confirm.

Once these steps are completed, your payments will be processed according to the schedule you selected and you will receive your tokens or product confirmations accordingly.

App
Website

Capitec App

  1. Log in to your Capitec app and select the middle Transact icon.
  2. Select Recurring/future-dated.
  3. Choose Payment.
  4. Select your Prepaid24 beneficiary.
    If you have not added Prepaid24 as a beneficiary yet, use the following details:
    Account name: Prepaid24
    Account number: 1050768370
    Branch: 450105. This will be filled in automatically when you choose Capitec Business as the bank.
    Please note: If 470010 appears, then Capitec Bank was selected. Please select Capitec Business to prevent payment issues from occurring.
  5. Enter the amount you wish to pay.
  6. Select the circle next to Recurring on the far right.
    • Select Choose frequency and choose the payment frequency.
    • Enter the Start date and End date to set the duration of the scheduled payment.
  7. Under Beneficiary reference, enter your meter number. Add a personal description under My statement description.
  8. Select Add.
  9. Confirm the pop-up message and select Done to complete the setup.

Once these steps are completed, your payments will be processed according to the schedule you selected and you will receive your tokens or product confirmations accordingly.

App
Website

FNB App

  1. Log in to your FNB App.
  2. Select Payments and then Scheduled Payments.
  3. Select Add and then New recipient.
  4. Choose Specify recipient account details.
  5. Choose Select bank/branch or Enter BIC code.
  6. Enter Prepaid24’s FNB banking details.
    If you have not added Prepaid24 as a beneficiary yet, use the following details:
    Account name: Prepaid24
    Account number: 62240938003
    Branch: 261050
  7. Enter the required information, including the account, amount, references and scheduled payment dates.
  8. Confirm the transaction and select Finished.

*Please note that your meter number must be used as your purchase reference for this scheduled payment.

Once these steps are completed, your payments will be processed according to the schedule you selected and you will receive your tokens or product confirmations accordingly.

App
Website

Nedbank App

  1. Log in to your Nedbank App.
  2. Go to Overview and select My accounts.
  3. Swipe left to access Investments.
  4. Select Features and then Recurring payments.
  5. Provide the following details:
    • The frequency of your payments
    • The day on which the payment should be made
    • The amount you would like to pay each time
    • The account from which the payments will be made
  6. Select Set up.

If you have not added Prepaid24 as a beneficiary yet, use the following Nedbank banking details:
Account name: Prepaid24
Account number: 1216135916
Branch: 121617

*Please note that your meter number must be used as your purchase reference for this scheduled payment.

Once these steps are completed, your payments will be processed according to the schedule you selected and you will receive your tokens or product confirmations accordingly.

App
Website

Standard Bank App

  1. Log in to your Standard Bank App.
  2. On the home screen, select Transact and then Pay.
  3. Find the Prepaid24 beneficiary and select PAY next to it.
    If you have not added Prepaid24 as a beneficiary yet, use the following Standard Bank banking details:
    Account name: Prepaid24
    Account number: 281673195
    Branch: 050017
  4. On the Payment Details screen, select the account from which you would like to pay under From.
  5. Under To enter the amount you would like to pay and select Schedule Payment to set up the payments:
    • Move the Schedule this payment toggle to the right
    • Choose the frequency of your payments under How often
    • Select the Number of payments you would like to make
    • Set the First payment date
  6. Select DONE at the top right.
  7. Back on the Payment Details screen, the number of scheduled payments will be displayed. Select REVIEW at the top right.
  8. Confirm that all details are correct and select CONFIRM at the top right to complete the setup.

*Please note that your meter number must be used as your purchase reference for this scheduled payment.

Once these steps are completed, your payments will be processed according to the schedule you selected and you will receive your tokens or product confirmations accordingly.

Not seeing your bank?

While we currently only provide step-by-step guides for South Africa's five major banks, most banks do allow you to set up scheduled or recurring EFT payments from your online banking or banking app.

To proceed, add Prepaid24's Absa banking details as a beneficiary:
Account name: Prepaid24
Account number: 4074826482
Branch: 632005

You can then go ahead and schedule your payment for your preferred date and amount, using your meter number as your purchase reference.

*Please note that payments may take up to 48 hours to reflect due to inter-bank processing delays.