E-BUSINESS
MANUAL SUBMITTIONS PRESENT POSTAGE HAND DELIVERY ONLINE SUBMISSIONS MANUAL CAPTURING
PREVIOUS PROCESSING ¡ MANUAL A3 D- FORM SUBMISION MANUAL POSTAGE CAPTURING HAND DELIVERY
PREVIOUS PROCESSING ¡ EXCEL D- FORM SUBMISION MANUAL WAGE CAPTURING CORRECTIONS EMPLOYEE COMMENCEMENTS
CURRENT ¡ ONLINE ¡ SUBMISSIONS D-FORM AUTO MATCHING/INCOME
ONLINE PAY-OUT APPLICATIONS SICK LEAVE ANNEXURE A6 PAYMENT EMPLOYER 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
* PAY – CARD SOLUTION * Introducing the pre-paid card program
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 Secondary cards for Competitive pricing family Internet banking ATM cash withdraw Mobile banking Point of sale purchase International usage No Overdraft/Debit orders All transactions secured by PIN where PIN pad present Electronic funds transfer Internet purchases
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
¡ We encourage all employers to sign up for the ¡ implementation of the pay card solution Queries can be forwarded to: paycard@nbcrfi.co.za Thank You
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