Bank branches where you can get your passport and smart ID
The number of bank branches at which South Africans can renew their passport or apply for a smart ID card has risen to more than 30.
However, there are several discrepancies between the Department of Home Affairs' (DHA) list and the...
TymeBank beats digital and traditional bank competitors in transaction fees battle
Fit-for-purpose digital banks are taking the fight to traditional banks in South Africa, pushing the envelope of what's possible without branches and bringing down banking costs in the process.
Digital-first...
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...
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.
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...
This is who owns Cell C
Cell C’s shareholders are Blue Label Telecoms, the Employee Believe Trust, Nedbank, CellSAf, Net1, and Gramercy.
It was revealed during an analyst presentation about Cell C by Blue Label Telecoms co-CEO Brett Levy.
South Africa's biggest Black Friday spenders — including a R1.88-million purchase
Black Friday 2022 again saw single transactions worth hundreds of thousands of rands in South Africa, while at least two customers spent over a million rand in total on the day.
Physical retailers and online...
Best credit card deals from South African banks
Many of South Africa's major banks offer entry-level credit cards with minimal monthly fees that can help young consumers start building a good credit score.
These cards often also come with some added value in the form of membership to banks'...
Bank branches where you can get your passport and smart ID — with more to come
The number of bank branches offering passport and smart ID renewals in South Africa has reached 27, with the Department of Home Affairs (DHA) revealing that it is currently testing a ninth Standard Bank branch at...
Shoprite invests in privacy protection startup after customer data hack
South African grocery giant Shoprite Group has announced it is investing in secure data collaboration platform Omnisient, only a few months after it suffered a hack that led to the auction of customers' personal information...
Big petrol price hike coming — These banks have the best fuel rewards
Several of South Africa's major banks offer rewards schemes that enable their customers to earn back some of their spending on fuel every month.
These initiatives can provide some relief for motorists who have been hammered...
South African companies waste millions on chasing metaverse hype
Many South African companies are blowing money on the metaverse, not because of its potential, but because they fall victim to the hype.
The hype started last year when Facebook CEO Mark Zuckerberg rebranded the company to Meta...
Nedbank digital banking outage
Nedbank customers report that they are experiencing problems accessing the bank's mobile app and digital channels on Friday morning.
Reports of issues with the app surged on Downdetector from around 07:30, while several frustrated customers also posted their...
Online banking comparison — App store reviews put Discovery Bank on top
Discovery Bank has the online banking platform with the most positive app store reviews in South Africa, an analysis of the scores on Google Play and the Apple App Store shows.
The bank received an aggregate score of 4.8...
Cell C much stronger — but big questions remain
On 22 September, Blue Label concluded a deal to restructure and refinance Cell C and reduce its debt to give the mobile operator a healthier balance sheet.
As part of the deal, new money will be injected into Cell C to stabilise the company and...
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
Google Pay launched in South Africa
Google Pay contactless card payments have rolled out in South Africa, according to the company's official support documentation and tests performed by MyBroadband.
Previously, Google Pay only worked for in-app and online purchases from South Africa, not...
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...
Nedbank slapped with R35 million FICA fine
The South African Reserve Bank (SARB) has imposed a R35 million administrative sanction on Nedbank Limited for failure to comply with certain administrative provisions of the Financial Intelligence Centre Act (FICA).
The SARB on Friday also directed...
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...