Job Description

• To Manage the interface with the Payments Association of South Africa (PASA), the Card Schemes (e.g., Visa, Mastercard), Payment Service Providers (PSP), merchants and various internal stakeholders to ensure that Card Acquiring complies with PCI-DSS (Payment Card Industry Data Security Standards) regulations.
• To manage and co-ordinate various Card Acquiring value chain touch points (e.g. merchant services (reports and/or requests for information), operational processing and risk / compliance interfaces).

Qualifications

Minimum Qualifications

• Type of Qualification: Undergraduate Degree
• Field of Study: Business Commerce, Finance and Accounting

Experience Required

• 5-7 Years solid understanding of the card and payments landscape, along with familiarity with general banking products, practices, and procedures. Knowledgeable about card product regulations and compliance, as well as the principles and practices governing card operations. Proficiency in Card Scheme rules, operational regulations, and online portal requirements is essential, as is familiarity with the processes for submitting waivers to Card Schemes. Additionally,  aware of Card Scheme breach conditions that may result in penalties, and have a solid grasp of the Financial Advisory and Intermediary Services Act (FAIS).