How will the NETS payment terminals be impacted from the change and are Approved Institutions (AIs) required to return or exchange them from 1 Jan 2026?

Question

Accepted Answer

From 1 Jan 2026, NETS terminals at optical shops and retail pharmacies that are Approved Institutions (AIs) will no longer be able to make transactions via the Child Development Account (CDA) card. The CDA payment function will be deactivated by NETS from 1 Jan 2026. There is no need to return the terminals as these terminals can continue to be used for normal NETS transactions.

How will the NETS payment terminals be impacted from the change and are Approved Institutions (AIs) required to return or exchange them from 1 Jan 2026?

Topics:

Related questions

If partial payment had been made for a child’s eyewear or medication via Child Development Account (CDA) before 1 Jan 2026, can the optical shops or retail pharmacies allow remaining balance to be paid via CDA after discontinuation as Baby Bonus Approved Institution (AI) from 1 Jan 2026?

What action will be taken if optical shops or retail pharmacies accept Child Development Account (CDA) payments on or after 1 Jan 2026?

Can my optical shop or retail pharmacy continue accepting Child Development Account (CDA) payments before 1 Jan 2026?

When will the discontinuation of Child Development Account (CDA) usage at optical shops and retail pharmacies be implemented?

Need more help?