https //transact.norraco.co.za Login : Norraco Transact Login

https //transact.norraco.co.za Login : Norraco Transact Login

To login into Norraco Transact, visit the page https://transact.norraco.co.za/. Just enter your ID number and select SMS or email to receive your OTP. Please ensure you create a strong password with a combination of upper and lower case letters, a special character and a number.

If you’re looking for information about Norraco Transact, I’ve got you covered. 😊

Norraco Transact is a service that allows NSFAS (National Student Financial Aid Scheme) beneficiaries to access their allowances. Here’s how you can log in:

  1. Visit the Norraco Transact homepage by going to this link https://transact.norraco.co.za/.
  2. Click on the “Login” option, which you’ll find either on the side or at the top of the screen.
  3. Enter your ID number as your username.
  4. Input your password.
  5. Finally, click the “Login” button.

If you encounter any issues with the login process, you can also reset or change your password.

NSFAS is a government entity under the Department of Higher Education and Training established according to the NSFAS Act (Act 56 of 1999) to provide financial support to disadvantaged students who wish to further their studies at public universities or TVET colleges.

How to Complete your Registration

1) Go to the Norraco Transact portal https://transact.norraco.co.za/

2) Click “Register”

3) Capture ID Number

4) Select SMS or Email option, to get an OTP

5) Capture the OTP sent to your Cell Phone or email

6) Click “Update Documents”

7) Ensure all your KYC documents uploaded are image files like JPEG, PNG, GIF. Please note PDF or Word Document formats are not accepted.

8) Capture a secret Password. Use a minimum of 8 characters, include a mix of upper, lowercase letters, a number and a special character like @#$%

9) Log in using your ID Number and Password

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You can join Norraco Transact from the login page, or click on the link below to go to the login page:-

To keep your account safe, remember to keep your login information secret. If you have any problems while trying to log in, you can call Norraco support for more help.

On 26 June 2023, the University management and the Student Representative Council met with NSFAS and Norraco representatives to discuss the disbursement process of allowances. Last year, NSFAS introduced the concept of an NSFAS bank account for students, aiming to simplify the distribution of student allowances and help students learn financial management

As part of this initiative, all tertiary and TVET college students are introduced to direct allowance payments. NSFAS partnered with distributing partners like Coinvest, eZaga, Norraco and TeneTech Technology. Each distributing partner is responsible for a specific group of institutions, Norraco handling the allowances for Nelson Mandela Univesity students.

Norraco is a South African FinTech company specializing in payment and banking solutions. It enables students to receive their allowances through a Mastercard, replacing the previous third-party IntelliCard system. They notify students via SMS about the onboarding process, and then receive a physical card that can be used at ATMs nationwide, as well as point-of-sale systems like Zapper, SnapScan and Uber Eats.

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