Covid-19 drives demand for Connected Services in South Africa
February 24, 2021Netcash partners with Ecwid E-Commerce to make it easier for SMEs to launch online shops
March 31, 2021The Payment Association of Namibia (PAN) in partnership with the banking institutions and suppliers are introducing a new enhanced EFT system called NamPay. NamPay aims to ensure that Namibia and its national payment system remain on par with international standards.
The current EFT services (Payments & Collections) is to move to the new Nampay services, Enhanced Credits (ENCR) and Enhanced Debit Orders (ENDO) by 30 June 2021.
Salary and Creditor Payments:
Netcash has registered as a Third Party Payments provider in Namibia and therefore will continue facilitating your payments to Namibia.
Debit Orders:
Debit Orders to credit cards will still be catered for, however, we will no longer process Debit Order Collections from Namibian cheque and savings accounts after 30 June 2021. For alternative collection methods, have a look at our Payment Request and eCommerce Gateway solutions.
We will be in contact with clients currently processing high-volume Debit Orders to Namibia shortly to discuss alternative methods of collecting money from your clients
About Netcash
Established in 2003, Netcash is a payment solutions provider delivering debit orders, salary and creditor payments, Pay Now, eCommerce, and risk report services to South African businesses and organisations. The company provides multiple innovative and integrated online payment solutions that are efficient, simple, and cost efficient. Netcash is registered with the FSCA, PASA and is PCI DSS Level 1 compliant.