The Payment Association of Namibia in partnership with banking institutions and suppliers, is introducing a newly enhanced EFT system to the Namibian financial sector, called NamPay. NamPay is a new domestic Electronic Funds Transfer (EFT) system introduced by the Namibian payments industry to enhance the efficiency of EFT transactions in Namibia. NamPay comprises of 3 EFT streams namely: (1) Enhanced Debit Orders (EnDo), (2) Enhanced Credits (EnCr) and Near Real-Time Credits (NRTC). The NamPay system brings about major enhancements to how EFT transactions are conducted in Namibia and will impact all stakeholders directly or indirectly. NamPay will replace the existing EFT system with a system that uses an internationally recognized messaging standard.