Plan to achieve interoperability between banks for settlement processes.
Oct 2006 - Apr 2007
Nedbank will enable chip technology on EFT Smart devices.
Start testing with large retailers.
Nov 2006 - Jun 2007
Nedbank to commence issue of pilot smart cards.
Jul 2007 onwards
Nedbank to commence issue of smart cards to customers
Nedbank Limited Reg No 1951/000009/06, VAT Reg No 4320116074, 135 Rivonia Road, Sandown, Sandton, 2196, South Africa. We subscribe to the Code of Banking Practice of The Banking Association South Africa and, for unresolved disputes, support resolution through the Ombudsman for Banking Services. We are an authorised financial services provider. We are a registered credit provider in terms of the National Credit Act (NCR Reg No NCRCP16).
