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A man stands at a branch of the South African Post Office.
Postbank has called on all SASSA grant beneficiaries who have not yet upgraded to the Postbank black card to do so before the deadline on February 28.
The SASSA gold cards are being phased out and beneficiaries must switch to the black card to continue accessing their grants.
SASSA says the new card includes biometric authentication and enhanced encryption for improved security and faster access to grant payments.
Postbank CEO Nikki Mbengashe says, “So people do need to change their cards because, as with any card, cards do expire at some point. The 28th of February is here, and the yellow card will stop working. For the safety of the people and for compliance, people do have to have the new card.”
“I think it’s convenient for them, it gives them access to their funds, they can swipe at any retailer, and they can swipe at a retailer and actually get their cash if they want the cash. So it’s actually better for them to get the black card,” adds Mbengashe.
