Going live

Key success critera

Before going live, merchants will need to have the following in place:

• Confirmed processing model (SO/TPPP or TPPP Hybrid)
• Completed KYB and KYC process
• Authorised PASA-approved abbreviated name and/or profile code
• Signed MSA including:
  • Transactional and service pricing
  • Approved processing limits

Time to market

Each processing model has different requirements that impact time to market.

Model	Requirements	Estimated time frame
Systems operator model (SO)	Standard Bank account	4-6 weeks
	Approved credit limits (Standard Bank)	2-4 weeks
	Profile code creation and testing (Standard Bank/Revio)	4-6 weeks
	PASA vetting and abbreviated name approval	2-3 weeks
	End-to-end testing	8 weeks
	Total duration	8 weeks
Third-party payment model (TPPP)	Any bank account	0 weeks
	Approved credit limits (Revio)	1 week
	PASA vetting and abbreviated name approval	2-3 weeks
	End-to-end testing	2 weeks
	Total duration	3 weeks
Third-party payment model (TPPP-hybrid)	Standard Bank account	2-3 weeks
	Approved credit limits (Revio)	1 week
	PASA vetting and abbreviated name approval	2-3 weeks
	End-to-end testing	2 weeks
	Total duration	3 weeks

The only processing model available to platform providers is SO.

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Fast-track time to market

In order to avoid delays in going live, reach out to your Revio account manager as soon as possible to initiate the onboarding process

Onboarding documentation and information requirements

Business structure

Information required	Notes
Nature of business	e.g. Insurer, Media, Financial Institution
Company CIPC registration documents
Proof of business address	Not older than three months. Examples include lease agreement, municipal statement
Copy of SARS document confirming Income Tax / VAT registration number for company
Resolution on company letterhead signed by all directors nominating authorised signatory/representative
Resolution on who is the authorised signatory/representative
Company shareholding structure
Copy of ID of authorised signatory/representative and/or CEO, each director
Signatory Proof of Address	Not older than three months. See proof of address above
Key contact phone number
Key contact email address

Banking information

Information required	Notes
Current bank
Proof of bank account	For settlement purposes. Not older than 3 months

Collection processing history - if merchant is currently processing debit orders

Information required	Notes
Current client/member/subscriber base	Count e.g. 140,000
Proof of bank account	For settlement purposes
Current processing bank
Current processing model	SO/TPPP
Payment methods required	EFT debit order, DebiCheck, EFT payments
Provide a statement from your current payment processor
Unique descriptor/short code required (displayed on customers' bank statements)	e.g. AcmeInsurance, Netflix
Current/Expected electronic payment volumes (per month)	Count e.g. 140,000
Total payment limit required (R'000)
Total average value of payments per month (Current/Expected)
Batch limit request (R'000)	Total value of payments per batch (if EFT debit order)
Minimum per payment value (R'000)
Maximum per payment value (R'000)

Settlement options

Information required	Notes
Settlement frequency	Daily/Monthly
Split settlements required	Option to split settle transactions to multiple bank accounts

Other signed documentation required

Information required	Notes
Bank consent form to provide business information to PASA	To be provided