norraco transact contact details

The new Nsfas MasterCard is a great way to make cashless withdrawals. Here’s how it works! The National Student Financial Aid Scheme (Nsfas) has partnered with crypto-currency payment processor coinvest​ and to provide students with a Mastercard to receive their monthly allowances, which operates similarly to official banking cards, like from Standard Bank or FNB.

The NSFAS Wallet is being decommissioned and replaced with a Mastercard. This new feature allows students to pay for any essentials needed in exchange for low-cost credit.

Students will be able to access their e-Wallet via the Nsfas-Tenetech Student App. The e-Wallet allows students to pay for data, airtime, electricity and any other essentials using Mastercard.

Students can swipe or withdraw money from the card, and parents can also deposit money as well. 

The new Mastercard-backed Nsfas card will be issued to every Nsfas beneficiary. It will be usable everywhere, and you can download an app that goes along with it.

Here is a guide on how to withdraw money using cardless withdrawal

on the eZaga app:

  1. Log into the eZaga app.
  2. Tap on “Withdraw Zaga”.
  3. Tap on “Nedbank ATM”.
  4. Enter the amount you’d like to withdraw and process.
  5. A voucher code will be sent to you within an hour.

If you have not received the voucher code within an hour, dial *120*001 and select “Get Voucher”. The code will then be sent to you via SMS.

You can withdraw money from your NSFAS Mastercard from the following retailers and ATMs:

  1. Nedbank ATM
  2. Pick n Pay
  3. Shoprite
  4. Checkers 
  5. Boxer
  6. Usave 

What is Coinvest?

Coinvest Money Application features 3 easy to use accounts available in one single view from our Web or Mobile Application. You will be able to connect a bank account, credit card and/or debit card with over 50+ Cryptocurrencies. Our platform allows you complete control over your fiat currency while staying true to the fundamental power of digital assets and blockchain technology.

  • A Main (Digital) Account
  • A Physical Card Account and
  • A Virtual Account

How to Open Coinvest Money Account

You can now make payments using WhatsApp on your mobile device. All you have to do is Open a Coinvest Money Account and you can begin transacting by following these easy steps:

  1. Open a Coinvest Money Account
  2. Order and link your Coinvest Money Physical Card Account to your Coinvest Money Profile in the mobile application. You can also link non-Coinvest Visa/Mastercard compatible bank account cards
  3. Open a Virtual Account from your Coinvest Money Profile. This will allow you to make payments and transact on your Virtual Card Account using Whatsapp
  4. Download WhatsApp onto your compatible mobile device
  5. Save our Super Number +27 11 507 5555 onto your mobile device phonebook
  6. Open WhatsApp and select the Super Number Contact you just saved to open up a chat box
  7. Within the chat box type “Hi”. This will bring up the WhatsApp Pay Menu
  8. You can now pay a QR code, get paid with your QR code, send money, top-up your account, buy airtime, buy data bundles, buy electricity vouchers and view and send payment requests.

norraco transact contact details

Norraco is a South African based Fintech specializing in providing cutting-edge technology solutions in the payments and banking industry. Our goal is to provide customers with the most advanced service at excellent value, all backed by an unsurpassed level of personal service, optimized for our customers needs.

Login to your Transact Prepaid Mastercard® Card Account. Manage your money, setup direct deposit, enroll in Anytime Alerts, and more. Norraco Transact is a free Finance game. It’s easy to download and install to your mobile phone.

Customer Care Line:

0861 11 11 00


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