Capital Expenditure Savings
Your Bank can access the NFS network on a shared Application Service Provider (ASP) basis. This means that your Bank can split costs with other Banks who also want to use our solution to access the NFS.
Sponsored Membership for NFS
Your Bank can participate in the NFS via the sub-membership model where you are sponsored by a direct member. The direct members that will sponsor your Bank are responsible for sending/receiving transactions for you.
World Class Standards
ISO 8583 is an international standard that is used by the likes of MasterCard and Visa. Transactions taking place in the NFS and in our solution are based on the ISO 8583 messaging protocol: the world standard for Electronic Financial Transactions.
Smart Dispute Management
The NFS features a Dispute Management System (DMS) which consists of four stages of disputes: Charges, Representment, Pre-Arbitration, and Arbitration. These stages ensure that all disputes are resolved fairly and amicably.
Strong Risk Mitigation
The Fraud Risk Management (FRM) service is a value-added service that allows your Bank to monitor transactions in real time, generate alerts for suspicious transactions, and decline transactions that don’t meet your Bank’s rules.
By providing access to a network of hundreds of thousands of ATMs across the country, you can ensure that the Unique Selling Points of your products reach Customers who deserve your products the most.
Bolt Financial Switch
Access to over 2,30,000 ATMs across the country
Process a high volume transactions at a low price
Attract more customers to your Bank