Bank Zero starts full Beta testing, details new features

[Bradley Prior]

Bank Zero starts full Beta testing, details new features

Bank Zero has started a full end-to-end Beta test, which will involve its staff.

This is according to Michael Jordaan, cofounder of Bank Zero, who made the statement on Twitter.

 

[r00igev@@r]

+1 on that debit order feature. The big 5 really give it to their clients without vaseline.

 

[backstreetboy]

A Bank Zero card’s 16-digit card number does not change when the card is replaced. This removes the need to update online payment details for subscription services.

Lol VMCC has been doing this for ages. You still need to update the CVV number though...

 

[supersunbird]

Will the business customers be limited to an app too?

 

[w1z4rd]

Will the business customers be limited to an app too?

They seem to have a neat business function connecting to their Xero accounting suite. That actually looks pretty interesting.

 

[Drifter]

Article doesnt say much to warrant a look at Bank Zero.

 

[Nobody Important]

Bank Zero will offer new, innovative banking at low costs and provide a high interest rate for savings.

I, and many others, are pretty impressed and content with Capitec. Competition is always good though. They would have to have much better interest rates than Capitec for me to consider moving.

 

[Fox1]

This will make online shopping a breeze compared to the basic accounts from the big banks.

 

[FlashSA]

Lol VMCC has been doing this for ages. You still need to update the CVV number though...

Correct. But also the expiry date. So I don't know what MJ is raving about.

 

[Swa]

A Bank Zero card’s 16-digit card number does not change when the card is replaced. This removes the need to update online payment details for subscription services.

Is this wise?

 

[NarrowBandFtw]

Correct. But also the expiry date. So I don't know what MJ is raving about.

He's smoking his socks, claiming benefits that do not exist.

 

[NarrowBandFtw]

Is this wise?

See above, it's not really all that risky as you will still have a new CVV and new expiry date, which means that you will STILL need to update your subscription services though.

and Virgin Money also does it, probably others too, so it is both a lie and nothing new