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FNB phasing out physical cards

VAAL TRIANGLE - FNB will roll out virtual card functionality to its entire customer base across credit cards, debit cards, fusion cards and business debit cards by October – before the peak annual shopping season, which starts with Black Friday in November. An internal pilot has been followed by a launch to all FirstRand staff on Tuesday. The bank will be among the first to roll out these virtual Visa cards to clients in South Africa, but a number of other banks and fintech startups globally already issue digital cards. FNB customers can create as many of these virtual cards in the FNB app as they like. These cards, linked to their existing accounts, do not attract any additional charges. Customers will be able to block, cancel or replace cards from within the app.

PHOTO: (Supplied)



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