App-based banking fees comparison

[Jan]

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 app transaction fees of South Africa's prominent banks — and three well-known digital banks — and found significant differences between them.

 

[RudderVator]

Hmmm R45 for instant payments across the board.

 

[Swa]

Just call it internet banking, same thing. African Bank is also not so bad.

https://www.africanbank.co.za/media/54589/p3_tb2109_001_pricing-update_branch_web-3.pdf

 

[supersunbird]

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 app transaction fees of South Africa's prominent banks — and three well-known digital banks — and found significant differences between them.

Fake news, instant payment on FNB Easy PAYU is like R8 or around there. Easy Smart (aka Dumb) is R45.

Edit:
Proof:
Pay and clear now is instant EFT, not sure what Instant Payment is.

 

[Kadz]

Fake news, instant payment on FNB Easy PAYU is like R8 or around there. Easy Smart (aka Dumb) is R45.

Edit:
Proof:
Pay and clear now is instant EFT, not sure what Instant Payment is.
View attachment 1326532

FNB does not make sense. Wheres the logic? You pay extra for the Easy Smart yet the Fees are higher

 

[Wayne007#]

Fake news, instant payment on FNB Easy PAYU is like R8 or around there. Easy Smart (aka Dumb) is R45.

Edit:
Proof:
Pay and clear now is instant EFT, not sure what Instant Payment is.
View attachment 1326532

It’s R45 for private wealth for under R3000 and free if greater than R3000. In the 2022 pricing guide