Cards Overview

ATM Stream

The Namclear’s Namswitch ATM service enables any participating bank customer to withdraw money from any ATM belonging to another participating bank. This service supports both the Debit and Credit card products. All local transactions are switched between the  issuing and the acquiring banks.

Participating ATM’s will offer an immediate authorization and clearing through the Namswitch. Settlement figures will be accumulated for issuers and acquirers, and will be presented to the NISS.

This service supports  Debit, Credit and Hybrid card products which are used on an ATM.

The following transaction types are allowed on the ATM stream:

00 – goods and services (e.g. airtime)

01 – cash withdrawals

30/31 – balance enquiries

39 – mini statements

POS Debit Stream

The Namswitch Debit card service enables the mechant of any participating bank to acquire transactions, using a POS device, irrespective of which bank the merchant’s customer may utilize. All local transactions are switched between an issuing and an acquiring bank. The service also supports the standard authorized/non-authorized response to the acquiring bank.

The Debit Card service will offer an immediate authorization and clearing through the Namswitch. Settlement figures will be accumulated for the  issuers and acquirers, and be presented to the NISS.

This service supports  Debit card products  which are used on a POS. The following transaction types are allowed on the ATM stream:

00 – goods and services

01 – cash withdrawals

09 – goods with cashbacks

30/31 – balance enquiries

POS Credit Stream

The Namswitch Credit Card Service supports the authorization, clearing and settlement services for credit cards. The authorization service caters for the authorization of credit transactions by the customer of any participating bank, irrespective of which the acquiring bank of the merchant and of POS device.

Transactions are switched to the issuing bank for an authorization which is followed by a response message back to the merchant’s POS device, via the acquiring bank. The Credit Card Service will offer an immediate authorization and clearing, as well as a batch clearing and settlement through the Namswitch. Settlement and  figures will be accumulated for the issuers and acquirers, and be presented to the NISS.

This service supports  Crebit and Hybrid card products used on a POS. The following transaction types are allowed on the ATM stream:

00 – goods and services

01 – cash withdrawals

09 – goods with cashbacks

11 – quasi cash and script

20 – refunds

22 – general credits