(a)-(b) The South African Postbank SOC Ltd processes and pays SASSA grants using an Integrated Grant Payment System (IGPS) based on FSS Tech 5.1.0 Software and a payment switch, Postillion Switch 5.6 Software. The payment switch was last updated on 28 September 2023, version 2023.V1.5.0.
(c) The payment technical infrastructure and software, IGPS are licensed until March 2024 for R32.2 million for the duration of the contract.
Thank You.