National Payment System Act, 1998 (Act No. 78 of 1998)

Notices

Designation of Retail Assist (Pty) Limited

2. Background of the proposed designated clearing system participant
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2.1 Retail Assist is a public company, established and registered with the Companies and Intellectual Property Commission of South Africa (CIPC) in 2015. The business focus of Retail Assist supports the effectiveness and efficiency of the NPS.

 

2.2 Retail Assist proposes to acquire transactions for retailers and clear these transactions through relevant card Payment Clearing House System Operators (PCH SOs).