Finteq Africa have been involved in the development of Nampay – a new domestic Electronics Fund Transfer (EFT) system introduced by the Namibian payments industry.
According to Barbara Dreyer, Director of Payment and Settlement Systems, “In recent times, but more so with the onslaught of COVID-19, we have observed an increase in the usage of electronic payment channels, which is testimony to the shift in the payments. Thus, it is imperative that every user of the NPS understands how this system works.”
The PDF download provided aims to inform, educate, and present information to the public on matters related to the NPS. In this edition you will find information about the new payment system called ‘NamPay’ which will modernize how Electronic Funds Transfers (EFT) are made in Namibia and highlights the benefits of NamPay for consumers”