Payments

Payment clearing house system operator

Overview

In line with the South African Reserve Bank and the Payments Association of South Africa’s requirements, BankservAfrica is structured to minimise risk and maintain high service levels and standards.

The PSO business includes the traditional funds transfer segment known as the Automated Clearing Bureau (funds transfer products), and Saswitch (card, point-of sale, ATM, information analytics and other real-time services). The legal separation of this environment has reaffirmed our neutral position in South Africa’s NPS.


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