Good and bad news for SA card fraud

Debit card fraud losses have decreased by 42% for the period January to September 2013, according to the latest banking industry’s card crime statistics as released by SABRIC (The South African Banking Risk Information Centre). This figure is significantly lower when...

10m Sassa debit cards rolled out in SA

MasterCard and the South African Social Security Agency (Sassa) have confirmed that there are 10-million active Sassa Debit MasterCard cards in South Africa, following the introduction of the new biometric grant payment disbursement system that commenced in March...