Sugendhree Reddy‚ head of personal markets‚ said in a statement: "The introduction of this new payment method forms part of Standard 's consistent focus on providing customers with value in banking.
"There are evident trends internationally and locally driving consumer preference towards fast‚ convenient and secure payment methods.
"The new 'tap and go' cards are linked to a customer's bank account‚ allowing for funds to be deducted directly from their account.
"Unlike many systems currently available‚ customers don't have to pre-load cards with money to use this method of payment ‚" she said.
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