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FNB enables card cancellations via ATM

Staff Writer
By Staff Writer, ITWeb
Johannesburg, 15 Jul 2015
FNB says it offers customers as many debit or cheque card cancellation alternatives as possible.
FNB says it offers customers as many debit or cheque card cancellation alternatives as possible.

First National Bank (FNB) customers will now be able to cancel a lost or stolen debit or cheque card on self-service devices, such as FNB ATMs, automated deposit terminals (ADT) or Slimline ATMs.

"This makes FNB the first bank to enable debit or cheque card cancellation across all its electronic banking platforms and the only bank to provide the functionality on self-service devices," says FNB in a statement.

This type of card cancellation, it adds, is already available through cellphone banking, online banking and the FNB Banking App.

"The ability to cancel a lost or stolen card as soon as a card is compromised is vital in reducing the angst customers might experience regarding the safety of their money. We are offering customers as many debit or cheque card cancellation alternatives as possible," says Lee-Anne van Zyl, CEO of FNB Points of Presence.

"Since it is not guaranteed that a customer will have access to a mobile phone to cancel a card, the next logical step was to make provision for this functionality on our vast network of self-service devices," adds Van Zyl.

FNB notes during the development of the functionality, speed and ease of cancellation was kept in mind and the end result is a four screen cancellation process. Customers choose the cardless option on the ATM or ADT, key in their ID number, key in their PIN, select the card they would like to cancel and confirm the cancellation. For those who wish to do so, new cards can also be ordered immediately.

"Customers are encouraged to familiarise themselves with existing debit or cheque card cancellation functionality, as well as the new feature on FNB's self-service devices so that, should they be in the circumstances where they have to cancel a card, they can do so intuitively. We trust this will empower our customers to be in even greater control of how they manage their everyday banking," says Van Zyl.

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