With the re-loadable prepaid MasterCard, you can pay temporary or seasonal employees who don't have bank accounts or keep control over petty cash payments.
If you are a business banking customer, you can use PayCard with your Internet banking or Business Online profile.
Anyone can use a Pay Card, you don't need to have a bank account or bank even bank with us. Pay card is also available to non Standard Bank business banking customers who have an electronic banking profile with their bank.
Once you receive the cards you will be able to allocate them to your employees. Their full names and identity numbers are required. You will also need to make copies of your employees ID documents and verify them.
|Card load / reload||R16.00 for 1st load
R14.00 for loads 2-3
R12.00 for 4 and more loads per month
|Card delivery to branch (per card)||R8.31|
|Card delivery to customer premises per card||R8.31 + per delivery R62.85|
|Person receiving the Pay Card|
|1 free ATM cash withdrawal per load
|1 free ATM balance enquiry per load
|Unlimited point of sales transactions|
|ATM cash withdrawal||R3.50|
|Other bank ATM cash withdrawal||R3.50 plus Saswitch fee R6.70|
|Purchase, plus cash back||R3.50|
|Balance enquiries (SMS)||R2.50|
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