Capitec adds 49 new smart ID bank branches, bringing total to 127
Capitec has added 49 new bank branches that offer smart ID applications since 18 June 2026, as the Department of Home Affairs recently welcomed over 200 bank branches nationwide.
There are now 127 Capitec branches across the...
Capitec growth is outpacing its biggest rivals — David Shapiro
Legendary South African stockbroker and chief global equity strategist at Otto1890, David Shapiro, has said that Capitec is growing significantly faster than its legacy bank rivals.
Speaking to BusinessDay TV, Shapiro selected...
New iPhone deals for Capitec customers
Capitec Connect's new device sales division has recently cut the price of its Apple iPhone 16e from R11,999 to R9,499.
The mobile virtual network operator (MVNO) has seen substantial growth since launching in 2022, surpassing much older MVNOs in customer...
Capitec working on further reducing prices for clients
Capitec CEO Graham Lee said the bank is working to further reduce fees, improve quality of service, and provide customers with more products that meet their needs.
Speaking to EasyEquities chief enablement officer Carel Nolte during a...
Here are all the Capitec Smart ID service branches currently open
Capitec’s in-branch Smart ID service, in partnership with the Department of Home Affairs, is now available at many bank branches across all nine provinces.
On 9 March 2026, Capitec launched its in-branch Smart ID service...
Capitec confirms eSIM rollout
South Africa's largest bank by customers, Capitec, confirmed plans to roll out support for embedded SIMs (eSIMs) on its mobile virtual network operator (MVNO) in 2026.
Capitec Connect executive head Dalene Steyn told MyBroadband the MVNO would roll out eSIM...
FNB launches AI assistant to speed up customer support
FNB launched an AI assistant that speeds up customer support, enabling the bank's financial advisors to generate customer-specific financial information during interactions.
An extension of FNB's NAVi system, the AI can help advisors set...
Capitec reveals it is exploring partnerships with satellite broadband services
Capitec revealed in its annual results on Wednesday that it wants to offer home broadband connectivity through partnerships as one of its strategic initiatives.
Capitec Group CEO Graham Lee told MyBroadband that...
Capitec to expand smart ID offerings to 350 branches by year end
Capitec will soon have 100 branches offering smart ID applications, with a plan to expand the service to 350 locations by the end of the year.
“I was hoping to announce a hundred branches today, but we’re not quite there yet...
Capitec planning new branches and ATMs in 2026
Capitec customers are benefiting from a larger network of branches across South Africa in 2026. While its ATM numbers have declined slightly, it still has substantially more of these devices than other banks.
The bank's annual results for the...
Capitec Connect reaches 1.5 million users
Capitec’s mobile virtual network operator (MVNO) recorded substantial subscriber and revenue growth over the last year.
According to the bank’s annual financial results for the year ended 28 February 2026 (FY 2026), Capitec Connect’s three-month active...
Capitec adds 17 more bank branches with smart ID card support
Capitec added 17 more branches with support for smart ID card applications in the past week, increasing its total coverage for the service to 47 locations.
The expansion forms part of a digital partnership with the Department of...
49 bank branches were you can apply for a smart ID card
With an expanded digital partnership programme kicking off this week between Home Affairs and major banks, the number of bank branches offering smart IDs in South Africa has increased from 32 to 49.
Home Affairs first launched the ability...
Just one bank expanding ATMs in South Africa
Capitec is the only major traditional bank in South Africa still expanding its ATM footprint, while Absa, FNB, Nedbank, and Standard Bank have closed thousands of cash machines.
Excluding the over 3,000 cash devices that Capitec has rolled out since...
Capitec and FNB bucking the trend in bank branch rollouts in South Africa
Capitec and FNB are the only two South African banks that have expanded their branch network in the past five years, whereas Absa, Nedbank, and Standard Bank have reduced their physical footprint.
Overall, the number of...
Black Friday 2025 scam tactics guide
Black Friday shoppers in South Africa should be aware of the various tactics fraudsters may use to try and steal their money.
Absa, Capitec, Discovery Bank, FNB, and Standard Bank provided details about scams to watch out for and shared advice on how...
Digital wallet usage keeps surging in South Africa
The recent financial results of three major banks suggest that South Africans are increasingly adopting digital wallets and virtual cards, reducing reliance on physical cards for payments.
Digital wallets include apps like Apple Wallet, Garmin...
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Capitec dethrones FNB owner as Africa's most valuable bank
Capitec Bank Holdings Ltd. overtook FirstRand Ltd. to become Africa’s most valuable bank, a month after it appointed a new chief executive officer.
South Africa’s biggest bank by customer numbers, Capitec has reported record profits...
Capitec app offline
Capitec is experiencing a major technical outage, with customers unable to sign into its mobile banking app or perform transactions.
Downdetector showed a steep increase in user reports of issues with Capitec from around 16:00. The majority of reports were related to issues...
I would suggest that all Capitec clients turn off their tap-to-pay! Today I lost my bank card and then saw 2 transactions that I didn't make. I blocked my bank card.
The problem is that the first transaction was R1000 and the second was R1500. These were done within 2 minutes of each other. I...