FAQ / What is SecureEFT?

SecureEFT is a streamlined version of a traditional EFT. It makes payment of a bank transfer a lot faster and easier by eliminating certain steps such as creating the beneficiary, entering the reference number and amount, and providing a proof of payment to us, the seller.

SecureEFT only requires you to login to your bank account, using your bank's internet banking platform and security, and authenticate the payment, using your bank's one time pin or authentication methodology. Thanks to this two-factor authentication procedure - login and OTP - using SecureEFT is more secure than paying with a credit card.

Don't worry if you've never used SecureEFT before. It's easy! You don't need any banking details or payment information from SA-Venues.com prior to completing your payment as SecureEFT automatically populates the payment details for you. There's no shopper registration required and you can complete your payment in 5 easy steps.

1. Select the SecureEFT payment method at checkout.
2. Select your bank.
3. Next, please enter your login details for your internet banking account. Rest assured, you are logging directly into your internet banking account and your bank security remains in place.
4. Select the bank account you wish to pay from (If you have more than one account linked to your internet banking profile).
5. Complete the payment by entering a One-Time PIN received from your bank, or responding to a push message received from your bank (you'll be directed back to the SA-Venues.com website once payment has been completed).

SA-Venues.com will receive instant payment confirmation, so you don’t have to fax or email your proof of payment, and your booking can be confirmed immediately. SecureEFT's smooth, automated payment process makes online payment quick, convenient and secure!

Is SecureEFT Secure?

Your data is not stored!
SecureEFT uses advanced encryption to ensure complete data protection, and although SecureEFT invokes your internet banking service, it does not store your bank account login details such as usernames and passwords.

Internet banking security
SecureEFT allows online payments to be made securely, via the internet banking platforms of South Africa’s most trusted banks. SecureEFT transactions are thus subject to the same, comprehensive security provided by your bank’s internet banking platform. You will still need to enter a One-time PIN received from your bank, or respond to a push message received from your bank in order to complete the payment.

100% trusted and certified
SecureEFT has a Comodo SSL encryption certificate which gives our payment processing service an extremely high level of security. See all security measures.

Why choose the SecureEFT payment method?

No credit card needed
Payments can be made from any bank account linked to your internet banking profile. This includes your credit account facility. It's like using your credit card, but without entering any details.

Easy payment process
A swift, simple, secure 5-step payment process. No registration required and nothing to download.

SecureEFT is mobile-friendly
SecureEFT is accessible through all web enabled devices, be it desktop or mobile. Payments can be made via Mobile and ecommerce websites.

Real-time order confirmation
An instant payment receipt is issued, so you don't waste time waiting for payment confirmation and having to send it on as proof; your booking can be confirmed immediately. No need to send a proof of payment (POP) after a payment is done.

What banks are supported by secureEFT?

• Nedbank
• ABSA Bank
• Standard Bank
• FNB
• Capitec Bank
• Investec Bank

How are my details kept safe?

When making use of secureEFT, the communication between you and your bank occurs as it normally would, so you're using your bank's internet banking security.

• SecureEFT guarantees the highest levels of security when paying online
• SecureEFT has a Comodo SSL encryption certificate which gives our payment processing service an extremely high level of security
• This ensures that all messages travelling between your browser and secureEFT are fully encrypted
• SecureEFT acts as a proxy between the buyer and the bank to facilitate a faster, safer and easier payment process for both the buyer and the seller
• Online banking login details are NOT stored by secureEFT
• SecureEFT is a Level 1 PCI-DSS v3.2 compliant solutions and independently audited.