Capitec hit by outage
Multiple Capitec users have reported problems logging into the bank's mobile app on Monday.
Outage tracking website Downdetector showed a big spike in reports of issues using Capitec's banking channels on Monday morning from around 09:00.
Capitec launching cellular services with airtime and data that never expire
Capitec is entering the South Africa’s cellular space with a mobile virtual network operator, Capitec Connect.
Launched in partnership with Cell C, Capitec Connect has promised to disrupt the South African prepaid market.
Smartphone tap payments in South Africa — these are the banks with the most options
Most South African banks now support all major digital wallets that let you transact by tapping your smartphone or smartwatch at a contactless-enabled paypoint.
Apple Pay, Garmin Pay, Google Pay, Fitbit Pay...
absa
apple pay
capitec
contactless payment
discovery bank
first national bank (fnb)
fitbit pay
garmin pay
google pay
investec
near field communications (nfc)
nedbank
samsung pay
standard bank
South Africa's entry-level bank accounts compared
Several bank accounts in South Africa come with a very low monthly fee and affordable pay-as-you-use costs for those with minimal banking needs.
MyBroadband recently compared South African bank accounts with no monthly fee but found that many...
Credit card fee comparison for traditional and digital bank accounts
South Africa's major traditional and digital banks offer credit card accounts for various budgets and incomes, with stand-alone options starting from R30 a month.
Four of South Africa's traditional banks offer credit cards...
These banks charge extra fees for rand payments to Netflix, Spotify and other online services
Most South African banks don't charge additional transaction fees for rand-based payments to international merchants, despite charges levied by payment provider schemes like Visa and Mastercard.
FNB...
Big Capitec outage
Capitec was hit by a significant service outage on Thursday — with online banking, mobile banking, card payments, and ATMs offline.
Several customers vented their frustration at the issues on Twitter and Downdetector.
I got a notification this afternoon from my Capitec banking app saying their debit and credit cards are now supported by Samsung Pay. Samsung's website also confirms they are now a partnered bank! I managed to add my card, I'm going to try and make a payment with the card later this afternoon...
Cheapest Internet banking fees in South Africa
FNB's Easy PayU account offers the most affordable online banking transaction fees, while Absa's Transact account was the most expensive, a MyBroadband analysis of entry-level bank accounts showed.
Online banking services became essential as the...
App-based banking in South Africa — how fees differ between banks
All of South Africa's prominent banks offer app-based banking with varying fee structures, charging different amounts for basic payments, prepaid purchases, debit order disputes, and instant transfers.
MyBroadband compared the...
South African banks with the most fraud complaints
Banking services ombudsman Reana Steyn says that her office received and investigated a record number of complaints in 2021 — with Internet banking fraud topping the list.
The number of complaints the Ombudsman for Banking Services (OBS)...
All but one of South Africa's major banks let customers disable tap-to-pay
FNB is the only major bank in South Africa that doesn't let customers disable tap-to-pay on their payment cards.
Although "Tap and Go" payment technology for bank cards was beneficial during the Covid-19 pandemic, many...
Home Affairs Smart ID services coming to more banks — if big problems can be solved
The Department of Home Affairs (DHA) and South African banks plan to expand the availability of E-Home Affairs in the country, but it must first address several organisational issues.
More importantly, Home...
Cheapest banks in South Africa
The Solidarity Research Institute has released its 2022 Bank Charges Report, revealing that TymeBank is the cheapest bank in the country.
Solidarity economic researcher, Theuns du Buisson, said the report revealed that digital banks TymeBank and Bank Zero offered...
Elon Musk is worth more than MTN, Vodacom, Checkers, and Absa — put together
Elon Musk has so much money that he can buy MTN, Vodacom, Standard Bank, Capitec, Sasol, Absa, Checkers, Nedbank, and Woolworths — and have over R2 trillion left.
Hawks release scammer behind R100-million university hack — promptly flees country
The mastermind behind the scam that almost stole R100 million from the University of Mpumalanga has fled the country after he was released by the Hawks.
african bank
capitec
crime intelligence division
directorate for priority crime investigations
first national bank (fnb)
hawks
investec
kevin pather
oliver mbhalati
standard bank
thandi mbambo
university of mpumalanga
Any suggestions on the best SA bank for if you need a SA bank account but are also going overseas for 3-6 months at a time? I will be heading overseas soon but still need to keep my SA bank account for salary payments to go into and out of. I'll be overseas for 3-6 months and will be getting a...
Sign up for a Capitec account with virtual card via a face scan on its banking app
Capitec has launched a new feature on its mobile banking app which makes it possible for South Africans to open an account using facial biometrics.
The bank said the solution takes only a few minutes and employs...