Standard Bank Mastercard

Pay your staff, or control petty cash costs, with a prepaid MasterCard debit card. Load up to R 25 000 per month onto this PIN-enabled card to simplify payments.

HOW IT WORKS

Order prepaid MasterCard debit cards to allocate and load money
Load up up to R 25 000/card per month
Set up and manage cards via the online portal
Each card is PIN authenticated
Users are able to swipe at till points or withdraw cash from ATM
Cash cannot be withdrawn in-branch
Card is valid for 3 years and reloadable
Withdrawal limit of up to R 5 000 a day

HOW TO GET IT

Speak to your business banker to register for this service
You can buy blank PayCards from the PayCard website
Register the full names and ID numbers of card users for FICA purposes