NuPay tsp Service Type:

Credit Card Account Debit:

Credit Card debit order payment instructions are processed against credit card accounts multiple times during the day. The types of accounts that can be debited are:

• MASTERCARD Credit Card Account
• VISA Credit Card Account

The debit order instruction may be captured via the NuPay tsp website as a single instruction or as a multiple instruction with instalments.

Credit Card Numbers change after the expiry of the card. The change is dynamically updated for the remaining multiple instalments that were originally loaded.

The debit will process successfully on transaction due date, provided that there is sufficient credit available, in the clients credit card account.

The user can edit the debit order instruction via the NuPay tsp website up to one day before transaction date thus ensuring transaction success. The changes that can be made to the debit order instruction include:

• Card Account Number
• Due Date
• Amount
• Card Expiry Date
• CVV Number

The debit order instruction can also be cancelled.

The user as part of his business practice, should encourage all clients who expect to have insufficient funds in their account on transaction due date, to request changes in time to avoid transaction failure.

The value added SMS option will enable the user to notify clients of the debit order due date and amount to be debited. This enables clients to ensure that sufficient funds are in their account to cover the debit amount or for them to notify the user in time for changes to be made to the debit order instruction.

Application Process for Service Types

NuPay can facilitate the application process on behalf of users with ABSA and FNB Banks. To fully assess and support user requirements for debit order facilities we would require copies of the following items listed below.

• Business Profile
• Banking Details
• Copies of ID Documents
• Company or Trust Registration Documentation
• Completed application form

Credit Card Account Debit

• User must operate a current account with any bank
• Signed agreement with NuPayment Solutions
• Signed agreement with ABSA Merchant Services