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August 12, 2020
Business Featured News

NCSL’s Poro Debit Card launched

By Meriba Tulo – EMTV News, Port Moresby

Contributors to NASFUND Savings and Loan Society now have the option of accessing their funds more conveniently with the launch of NCSL’s Poro Debit Card today. The card, together with its own EFTPOS terminal were launched today by NCSL Chairman, Ian Tarutia.

NASFUND Contributor Savings and Loan Society today marked advancement in its product offering to its members, with the savings and loan society launching its debit card – called the Poro card, it now enables contributors to access their savings more conveniently.

According to NCSL Chairman, Ian Tarutia, the Poro Debit Card and EFTPOS terminals launched today, is another step forward in providing financial solutions to its more than 170,000 members nationwide.
The roll-out of the Poro Debit card follows an independent review of management’s proposal to issue debit cards to members. And whilst other Savings and Loans Societies have issued debit cards, NCSL lays claim to being the first to also roll-out its dedicated EFTPOS terminals.

At the time of the launch today, more than 132 terminals were installed in 29 outlets throughout the 4 regions.

NCSL Chairman, Ian Tarutia, together with a few selected NCSL members, performed the first set of transaction at Stop & Shop’s Central Waigani outlet.

Similar launches also took place today in major centres in Lae, Mount Hagen and Kokopo.

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