LabourNet Payment Solutions (Pty) Ltd a subsidiary of LabourNet Holdings have sourced leading edge software from BDB Data bureau (Pty) Ltd to provide a full outsource payroll bureau service to clients across all market segments. BDB Data Bureau (Pty) Ltd is a software processing bureau and is jointly owned by two leading banks, ABSA BANK Ltd and NEDCOR Ltd. 

This agreement allows LabourNet Payment Solutions to offer clients a complete solution to administer payrolls, provide an integrated Human Resource/Payroll solution and process payment to the client's employees’ and creditor directly to their bank accounts. LabourNet Payment Solutions can also arrange that those time-consuming debt collections are done electronically and paid into the clients bank account.

LabourNet Payment Solutions objective is to assist companies who do not have direct utilisation of the Bankserv bank clearing bureau.  Through the relationship with BDB as a bank bureau, LabourNet Payment Solutions will assist the client in processing both Credit and Debit transactions (such as Salaries, Wages, Bond repayments and Sundry Creditor Payments etc.) on behalf of the client by utilising an Electronic Link Initiated Transfer of Entries (ELITE) system, which clears funds to all banks, through the Bankserv clearing bureau.

Labour Net  Payment  Solutions provides a complete business and financial solution, for the modern day business that includes the following products and services.

LabourNet Payment Solutions Products and Services