See hidden discussions | Win great prizes | Get free support
Called eWallet eXtra, the mobile wallet has no monthly fees and consumers are not required to submit any paperwork — only their name and ID number on their phone. The product will be launched by June. Only people 16 and over will be able to use it.
Zikhali explained that eWallet eXtra will have no monthly fees and consumers will not be required to submit any paperwork, and they will only be required to submit name, surname and identity numbers to open the account.
Users can also on send to other recipients and withdraw at any FNB ATM or at tills across participating SPAR stores, which also allow for over the counter purchases.
The answer to all your questions is a Google search away to an article that was written with a bit more...erm... interest.
Anyway, this will make paying a the maid/gardener easier, but there is not point (obviously) if you already have a bank account.