Absa mobile payments app Sling Pay may officially launch soon

Flipside

Well-Known Member
Joined
Apr 10, 2006
Messages
482
#3
Spot is linked to your credit card while this seems more cash focused. You can't withdraw cash at an atm from your spot app.

Those fees seems quite high.
 

kolakidd

Well-Known Member
Joined
Oct 3, 2005
Messages
347
#5
It's basically like a virtual account, you can link it to an account, but you can also just have it as a kind of virtual wallet for instant payments. Right now it's a separate app not integrated into their banking app.

Obviously all the banks are going to be experimenting with mobile banking and payment options, they would be crazy not to.
 

Nod

Executive Member
Joined
Jul 22, 2005
Messages
8,563
#6
It sounds like M-PESA. Vodacom tried to launch it a while back, but uptake was very low in SA. Very popular in Mozambique, Kenya and DRC.
 
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