Pay Inc Group

PayInc (formerly BankservAfrica, rebranded in August 2025) is South Africa's national payments utility and the largest automated clearing house in Africa. Founded in 1972 as the Automated Clearing Bureau and owned by South Africa's banks and, since 2025, a 50% stake by the South African Reserve Bank, it clears bank card, ATM and EFT transactions between the country's banks, operates instant-payment services such as PayShap, and provides payment solutions, data analytics and economic insights that drive financial inclusion and the digital transformation of South African payments.