The company has yet to see the results of an internal investigation launched by NSFAS last year that led to claims that the four payment partners would be fired.According to the CEO of Tenet Technology , the company began paying students their stipends directly, starting on 5th March 2024 and has now paid all of its beneficiaries for the month.
“All students were required as an update to our security to verify themselves again before transacting. This was a communicated security update to enhance the security on all bank accounts,” he added. eZaga and Tenet Technologies have both separately confirmed to Hypertext that they are yet to receive the findings of the investigation from the government-funded scheme. Both of the firms still claim they are receiving payment files from NSFAS and are still handling direct student payments as if it were business as usual.
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