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
-
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
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.
We also offer
Merchant solutions
Whether needing to accept card payments at the till point, online or in-app, we have the right solutions for you
Business overdraft
Get an overdraft on your Business Current Account to free up your cash flow quickly and conveniently