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BoN warns against swiping limits for consumers – Business
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BoN warns against swiping limits for consumers – Business

The Bank of Namibia (BoN) has issued a warning against merchants enforcing card swiping limits, emphasising the banking industry’s responsibility to stop minimum or maximum purchase restrictions for card transactions. BoN spokesperson Naufiku Hamunime says under the guidelines provided by BoN, merchants are obligated to accept valid debit and credit cards within their designated acceptance...