1.3.3. Juristic Persons Payment products
Effective from Apr 19 2025 - Apr 18 2025
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Juristic Persons payment products are used by corporations (which include all appropriately licensed juristic institutions or entities and the like) to facilitate procurement; distribute compensation or benefits to employees, customers or beneficiaries.
Examples of Juristic Persons payment cards programmes are as follows:
| a) | Payroll cards | ||
| b) | Employee benefits cards (Health care, transit, etc.) | ||
| c) | Customers incentive cards | ||
| d) | Procurement accounts/payment products |