Sanral has stopped supporting magnetic stripe payments at toll plazas ahead of the busy holiday period.
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Sanral has stopped supporting magnetic stripe payments at toll plazas ahead of the busy holiday period.
Magnetic stripes on bank cards appear to be on their way out as South Africa’s financial institutions look to more modern features to bolster the security of card transactions.
The rate of conversion from cash to digital in the FNB ecosystem is accelerating, the bank said on Tuesday.
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