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QUESTIONS TO BE CONSIDERED
Establishment
1. What should be the motivation for and/or against the establishment of a domestic card scheme in South Africa (SA)?
2. What should the policy objectives be for establishing a domestic card scheme?
3. How may a domestic card scheme be established?
4. In your opinion, who is best placed to establish a domestic card scheme?
5. What type of domestic scheme (i.e. four-party or three-party scheme) should be established in SA, and why?
6. What business model should a domestic card scheme adopt?
7. Should only one domestic card scheme be established or should more than one be established, and why?
8. In your opinion, how can a domestic card scheme be established in a cost effective manner?
Scope
9. What type of payments (e.g. ATM, POS, e-commerce) should be enabled under the domestic card scheme?
10. What type of cards (e.g. debit card, credit card) should be issued under the
domestic card scheme?
11. Should the domestic card scheme enable cross-border payments?
Functions
12. What should be the main functions of a domestic card scheme (e.g. scheme services only or including transaction processing (authorisation and clearing), or value-added services)?
Benefits
13. What benefits will the establishment of a domestic card scheme yield for SA?
14. What factors/elements need to be considered for the establishment of a domestic card scheme in SA?
Risks/challenges
15. What potential risks could a domestic card scheme pose to SA?
16. What are the challenges that would impede the successful establishment and sustainability of a domestic card scheme?
Issuance
17. What would motivate an issuer to issue a locally branded ‘domestic use only’ card?
18. In your opinion, what is required to ensure the success and sustainability of a domestic card scheme?
19. Would mandating issuer participation ensure the adoption and sustainability of a domestic card scheme?
Pricing and fee structures
20. What feasible and sustainable fees and pricing structures can a domestic card scheme adopt?
21. In your opinion, are merchant service fees unreasonably high in SA?
22. In your opinion, would lower merchant discount fees result in lower prices for consumer goods and services?
Government and regulatory support
23. What role can government play in ensuring the success of a domestic card
scheme?
24. What role can regulators play in ensuring the establishment, adoption and
success of a domestic card scheme?
25. What role can issuers, acquirers, merchants and consumers play in ensuring the success of a domestic card scheme?
Ownership and governance
26. What should the optimal ownership and governance structure of a domestic card scheme be?
27. Should a domestic card scheme be for profit or for public good?
28. How should a domestic card scheme be funded?
Cooperation and competition
29. Should a domestic card scheme be a stand-alone entity or enter into a partnership with existing incumbents?
30. Should a domestic card scheme compete with existing schemes?
31. Can a domestic card scheme be sustainable if it does not offer processing
services?
32. How do you envisage a successful operation of both a domestic card scheme and an international card scheme in SA?
33. How can a domestic card scheme interoperate with existing acquiring systems?
34. Would co-branding with an international card scheme assist with the adoption of a domestic card scheme?
Security and standards
35. What security features should be a minimum standard to a domestic card scheme (including card-not-present transactions)?
36. How can a domestic card scheme protect its data?
37. What standards should be applicable to a domestic card scheme?
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