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CEO Confirms The FNB Virtual Credit Card Postponed


TechInAfrica – It has been announced by the FNB Card CEO, Chris Labuschagne, that the launch of the FNB’s virtual credit card is postponed until 2021. This move is due to the purpose of ensuring that the establishment of virtual card processes runs smoothly for FNB customers.

Labuschagne to My Broadband confirmed that the pilot project of the FNB Virtual Card has been accomplished. To provide a seamless transition for its customers, the Bank has decided to postpone the launch of virtual cards in 2021. FNB is excited to offer an exceptional customer experience and help customers to manage their money conveniently and more safely. 

At the beginning of this year, FNB also launched virtual credit cards, together with the debit card. The virtual cards become part of the Bank’s move to provide convenient and safer solutions via a trusted platform, according to FNB Payments Executive, Raj Makanjee.

FNB has produced an important step in allowing its customers to benefit from digital payments, yet when they purchase at a physical Point of Sale. The bank believes that customers will receive the more convenient, secure, and cost-effective solution through digital payment, for both consumer and the merchant. 

When the virtual card is launched, all users of FNB and RMB Private Bank Application can use the virtual cars for QR code payment via Scan to Pay conveniently since it will be a completely contactless digital experience at Point of Sale (POS). 



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