Good news for Capitec clients

[Kirsten Minnaar]

Good news for Capitec clients

Capitec has introduced a new “Contact Lock” feature to enhance security on its banking app by generating an encrypted digital fingerprint of a user’s phone contacts.

 

[chrisc]

All well and good, but what if you are overseas and your payment system is blocked? There is no Capitec branch in Germany

The contact block appears to conflict with Apple Pay

 

[gogga_]

Excellent news

 

[bwana]

All well and good, but what if you are overseas and your payment system is blocked? There is no Capitec branch in Germany

Moot point, isn't it? Can Capitec clients even afford to travel abroad?

 

[Quicks]

At least Capitec is trying something new and combat fraud.

Other banks just blame the user.

 

[FiestaST]

Got a Dear John mail from them in the week

Will continue with my love of their shares trajectory.

 

[dontcryforme]

Moot point, isn't it? Can Capitec clients even afford to travel abroad?

Yes

"Capitec"
https://mybroadband.co.za/news/bank....html#:~:text=R3.4 million-,Capitec,-R500,000