capitec

  1. Hanno Labuschagne

    Capitec and FNB bucking the trend in bank branch rollouts in South Africa

    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...
  2. Hanno Labuschagne

    Black Friday 2025 scam tactics guide

    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...
  3. Hanno Labuschagne

    Digital wallet usage keeps surging in South Africa

    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...
  4. Hanno Labuschagne

    Capitec dethrones FNB owner as Africa's most valuable bank

    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...
  5. Hanno Labuschagne

    Capitec app offline

    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...
  6. Bazz94

    My Capitec Tap-To-Pay Limit Has Been Circumvented

    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...
  7. Hanno Labuschagne

    Capitec's big IT edge

    Capitec's big IT edge Being able to build its IT infrastructure from scratch gave Capitec a significant advantage over South Africa's incumbent banking giants, Absa, FNB, Nedbank, and Standard Bank. In his new book, Capitec: Stalking Giants, author TJ Strydom underscores how the upstart bank's...
  8. Hanno Labuschagne

    Capitec outage hits payments, ATMs, and digital banking channels

    Capitec outage hits payments, ATMs, and digital banking channels Capitec has been hit by a significant outage affecting all its customer-facing services on Friday, 19 July 2024. Outage tracking website Downdetector showed a big surge in reports of issues with Capitec's services from around 07:00.
  9. Hanno Labuschagne

    Capitec's share price has jumped 127,576% since JSE listing

    Capitec's share price has jumped 127,576% since JSE listing Capitec Bank Holdings Ltd., South Africa’s best-performing share since the advent of democracy, wants to use its retail banking strategy to grow its business banking and insurance units. The Stellenbosch, South Africa-based lender...
  10. Hanno Labuschagne

    Biggest Black Friday spenders in SA for 2023

    Biggest Black Friday spenders in SA for 2023 There were several shoppers in South Africa who spent hundreds of thousands of rands during Black Friday 2023. According to data from most major banks and big payment gateways, overall spending values and volumes on Black Friday itself declined or...
  11. C

    Capitec for reviving international payments

    Anyone who uses Capitec account for receiving international funds (business transactions) can answer the following: 1. Capitec mentioned on its website that you cant do much incoming international transactions especially business ones.but is this practically followed..?..has anyone been...
  12. Jan

    Capitec CEO Gerrie Fourie says Capitec Connect ARPU is R77 per month (in August)

    Capitec Connect already raking in millions with cheap, non-expiring data Capitec CEO Gerrie Fourie says the bank's mobile virtual network operator achieved an average revenue per user (ARPU) of R77 in August across their active SIMs. In its half-year financial results released on Thursday...
  13. marco79

    Capitec Banking App down?

    Can anyone log into the Capitec Banking App? It's payday and the Capitec Banking App is offline again.
  14. Jan

    Capitec and Discovery Bank get PayShap support

    PayShap launches at Capitec and Discovery Bank PayShap — the rapid payments programme launched in March 2023 — has expanded to more banks, with Capitec and Discovery Bank being the latest to add the system to their platforms. At launch, the instant payments system was available through four...
  15. NeonNinja

    What happened to the rest of the money?

    The day before yesterday a Capitec user transferred R3500 to me. Today I received R1500. I use FNB btw. I scanned the proof of payment they sent using SkyQR. It’s legitimate.
  16. Jan

    Capitec says its MVNO's data prices are "arguably" the cheapest on the market

    Capitec Connect says it has the cheapest data on the market — we test its claim Capitec has released its results for the financial year ended 28 February 2023 and claimed in its annual report that its mobile virtual network operator (MVNO) “arguably” has the cheapest data on the market. A...
  17. Jan

    Online banking fees comparison - January 2023

    Capitec beats Absa, FNB, Standard Bank in online banking fees comparison Capitec's GlobalOne transactional account has the most affordable online banking fees across the major South African banks, a MyBroadband analysis has revealed. Gone are the days of physically visiting a bank branch to...
  18. Jan

    Absa vs Capitec vs FNB vs Nedbank vs Standard Bank web traffic analysed

    Online banking battle in South Africa FNB is leading the online banking race in South Africa, but Standard Bank, Nedbank, Absa, and Capitec are closing the gap. Online banking is a core offering for banks and is the preferred engagement medium for many South Africans.
  19. Jan

    SA Banking Sentiment Index 2022 released

    Most loved and hated banks in South Africa — with one slipping badly Banking was among South Africa's "most liked" industries in the past year, beating retail, insurance, and telecommunications. That is according to the SA Banking Sentiment Index for 2022 compiled by DataEQ, the company...
  20. Jan

    Capitec rolls out support for Apple Pay

    Capitec launches Apple Pay Capitec Bank has launched digital payment wallet Apple Pay for its customers. The bank has added an Apple Pay section to its website and sent SMS messages to customers notifying them of the addition.
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