PayCard

Make payments to a reloadable prepaid Mastercard with this simple alternative to cash or payment of salaries, wages or other company expenses.

Some of the benefits

Safe and secure

Safety comes first with this chip and PIN-enabled card that protects against fraudulent use

Online management

Easily manage all PayCard profiles and card payments via our self-service portal

Complete control

Cardholders can view balances, transaction history, set savings goals and more on the PayCard App

Convenient

PayCards can be used at ATMs and retailers that accept Mastercard/Visa

What you get

Access to a card management portal that gives you full control of payments and PayCard profiles
Cardholders get access to Mastercard prepaid debit benefits available at www.mastercard.com
24/7 Email support via our third-party support centre: [email protected]

How it works

An application for PayCards can be obtained and submitted via your Banker/Relationship Manager
Once the application is approved, you will receive an email with credentials to access the PayCard portal
You can then order cards and select a delivery address on the self-service PayCard portal
You need to fund your PayCard profile from your business bank account before loading individual cards
You can load up to R25 000 per month per card
Your recipient/cardholder can withdraw up to R5 000 per card per day
You can load and manage cards via the self-service PayCard portal
Cards are reloadable and valid for 3 years – you will need to order new cards when your cards expire
Each card is PIN authenticated
Cards can only be used within South Africa

How to get it

Speak to your Business Banker to apply for your PayCard
You can purchase your Europay, Mastercard and Visa (EMV) chip cards from the self-service PayCard portal once your application is processed and you receive access
The full names and ID numbers of each cardholder is required when allocating cards on the self-service portal

What it costs

Card order: R34 per card
Loading of card: R12 per card

Face-to-face card delivery*

R110 per batch of cards

See 2022 pricing guide

^{*Pricing changes will be communicated on our website 30 days before implementation.}

What you get
How it works
How to get it
What it costs

Access to a card management portal that gives you full control of payments and PayCard profiles
Cardholders get access to Mastercard prepaid debit benefits available at www.mastercard.com
24/7 Email support via our third-party support centre: [email protected]

An application for PayCards can be obtained and submitted via your Banker/Relationship Manager
Once the application is approved, you will receive an email with credentials to access the PayCard portal
You can then order cards and select a delivery address on the self-service PayCard portal
You need to fund your PayCard profile from your business bank account before loading individual cards
You can load up to R25 000 per month per card
Your recipient/cardholder can withdraw up to R5 000 per card per day
You can load and manage cards via the self-service PayCard portal
Cards are reloadable and valid for 3 years – you will need to order new cards when your cards expire
Each card is PIN authenticated
Cards can only be used within South Africa

Speak to your Business Banker to apply for your PayCard
You can purchase your Europay, Mastercard and Visa (EMV) chip cards from the self-service PayCard portal once your application is processed and you receive access
The full names and ID numbers of each cardholder is required when allocating cards on the self-service portal

Card order: R34 per card
Loading of card: R12 per card

Face-to-face card delivery*

R110 per batch of cards

See 2022 pricing guide

^{*Pricing changes will be communicated on our website 30 days before implementation.}

How to apply for a Standard Bank Paycard

A simple alternative to cash or payment of salaries, wages, or other company expenses that’s allows you to make payments to a reloadable prepaid Mastercard.

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