South Africa’s Absa Bank has begun issuing MasterCard’s contactless PayPass payment cards, according to sowetanlive.co.za.
Absa, which is owned by Barclays, conducted a successful 18-month pilot of the technology before officially rolling out the new prepaid cards.
Designed for everyday low-value purchases, the cards can hold a balance of up to R1500 (about $210), and single transactions cannot exceed R200 ($28).
The new cards are also designed to be compatible with the Department of Transport’s forthcoming integrated transport system, covering bus, rail and taxi services.
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