E-BUSINESS

PRESENT

MANUAL SUBMITTIONS

MANUAL CAPTURING

HAND DELIVERY

POSTAGE

ONLINE SUBMISSIONS

PREVIOUS PROCESSING  

MANUAL A3 D-FORM

SUBMISION

MANUAL CAPTURING POSTAGE

HAND DELIVERY

PREVIOUS PROCESSING  

EXCEL D-FORM

SUBMISION

WAGE CORRECTIONS

MANUAL CAPTURING

EMPLOYEE COMMENCEMENTS

CURRENT

 ONLINE

SUBMISSIONS  D-FORM AUTO

MATCHING/INCOME

ONLINE PAY-OUT APPLICATIONS

EMPLOYER

SICK LEAVE

ANNEXURE A6 PAYMENT VOUCHER

TERMINATION PAYOUT

WAY FORWARD

Ø  Online Payment facility for the payment of Monthly Returns

Ø  System integration / interface possibility with Dept. Home Affairs – check validity of member data / status

Ø  Pay card integration with Online

Ø  Further enhancements to daily Individual Pay-out automation.

Ø  Increased Search + Load Speed

FUNDS ADMINISTRATION

*  Introducing the pre-paid card program

*  PAY – CARD SOLUTION

WHY PREPAID CARD SOLUTION

§  Administration efficiency:

Ø  No payment rejections Ø  Payment details of member never change Ø  Payments not linked to banking hours

-  Payments queries resolved immediately Ø  Operational cost saving Ø  Not reliant on employer to receive account details

§  Member loyalty:

Ø  Peace of mind to member: -  Ensuring frequent and on-time payments -  No debit orders to card, money is safe

Ø  Secondary cards to family members -  Up to 4 secondary cards

Ø  Member associated with a co-branded card

PRODUCT DESCRIPTION

Competitive pricing

ATM cash withdraw

Point of sale purchase

Internet purchases

Electronic funds transfer

Secondary cards for family

Internet banking

All transactions secured by PIN where PIN pad

present

Mobile banking

International usage

No Overdraft/Debit orders

CARD IMPLEMENTATION

§  Distribution process – high level overview:

Ø  Receive cardholder/member details from NBCRFLI -  Compulsory minimum details required -  Referencing employer name/ branch region

Ø  Personalized with member number and pre-allocate card -  Group cards per employer

Ø  Bulk delivery to employer -  surplus cards to facilitate secondary card requests and

replacement cards Ø  Employer issue card

-  A representatives onsite where and if required -  Bulk collection of employee ID/passport

TYPICAL USAGE FEES

   

Queries can be forwarded to: paycard@nbcrfi.co.za

Thank You

We encourage all employers to sign up for the implementation of the pay card solution