PUBLIC NOTICE TO PROHIBIT THE SETTING OF MINIMUM OR MAXIMUM TRANSACTION LIMITS AND SURCHAGING ON DEBIT & CREDIT CARD PAYMENTS BY MERCHANTS 1. Introduction and Background The Payment Association of Namibia (PAN) is empowered by the Pay-ment System Management Act (PSM Act), 2003 (as amended), Section (3)(1) to manage the National Payment System (NPS). With Read more about PAYMENTS ASSOCIATION OF NAMIBIA (PAN) Public notice to prohibit the setting of transaction limits and surcharges[…]

Before going out and spending your hard-earned money, we would like to give you some saving tips to ensure that you are not one of those folks who declare January month as “I’m broke” month. Here’s some of the ways to keep your cash in check this holiday: • Make a list of the things Read more about Christmas Saving Tips[…]

Commentary from our Manager: Inspections and AML Compliance – Ms. Lovisa Indongo-Namandje If you have tried to control your debt by budgeting and debt consolidation, but are still struggling and unable to make the minimum repayments it’s time to take decisive measures to keep your debt from spiralling out of control. One way of doing Read more about Debt Management (Part I) Understanding Debt Administration[…]