In a decisive move towards customer value addition, Namclear has entered into a strategic partnership with Visa International Services Association Visa to establish connectivity between Namclear’s NamSwitch Platform and Visa’s Transaction Exchange Platform (VTEX).
By integrating NamSwitch with VTEX, Namclear is establishing an advanced access channel that enables financial institutions to utilise Visa’s premier Value-Added Services (VAS) for domestic card transactions. This connectivity provides the domestic market unprecedented flexibility in verification, enhanced security protocols, and a significant reduction in fraud risk.
The core of this initiative is to enable sophisticated value-add solutions that safeguard the integrity of every transaction. Central to this is the Visa Token Service, which replaces sensitive cardholder credentials, such as Primary Account Numbers (PAN), with unique digital identifiers. By removing high-value data from the payment ecosystem, tokenisation creates a secure digital commerce experience across multiple platforms, optimising security while maintaining high performance.
Furthermore, the integration introduces the Visa Risk Manager (VRM), equipped with Scheme-Agnostic Visa Advanced Authorisation. This tool empowers issuers with direct, centralised control over approval and decline decisions across their entire portfolio of payment networks through a single, streamlined integration. By allowing banks to manage risk on behalf of their clients or centralise their own decision-making, VRM simplifies cross-portfolio management and ensures a consistent defence against evolving financial threats.
“Namclear is not merely upgrading a system; we are providing a sophisticated access channel that allows financial institutions to leverage world-class Value-Added Services,” said Namclear Managing Director, Mr. Fabian Tait.
Commenting on the partnership, Mr. Salome Makau, Country Manager for Central Southern Africa at Visa, said that the collaboration and integration with NamSwitch is a significant milestone for the payments’ ecosystem in Namibia.
“By connecting NamSwitch to VTEX, we are enabling Namibian financial institutions to gain access to trusted services that improve security measures and reduce the risk of fraudulent activity, resulting in a more resilient payment landscape for businesses and consumers.”
With the technical foundation now established and stakeholder engagement underway, VTEX Connectivity is on track to go live in June 2026, marking a new era of efficiency for Namibia’s banking sector.