Banking29.05.2012

FNB app gets eWallet

First National Bank (FNB) logo

First National Bank (FNB) announced today (29 May 2012) that its customers can now send money to eWallets from the FNB Banking App.

This means that app users can send money instantly to any cellphone number in South Africa, FNB said.

FNB explained that when money is sent to an eWallet from the FNB App, funds are transferred instantly and the recipient receives an SMS indicating that funds have been sent to their cellphone.

The recipient is then able to access cash immediately at FNB ATMs, buy prepaid airtime or electricity, send money to another cellphone, purchase or get cash at selected retailers and make once off payments.

According to the FNB website, sending money to eWallet from a bank account costs R8 or R12 depending on the amount sent, and the recipient gets a free withdrawal from an FNB ATM.

Sending money to another cellphone number from eWallet costs R2, as does buying prepaid airtime or electricity.

In addition to the eWallet functionality, FNB said that its app customers can now also use the service to identify and access their Premier Banker by making a call or sending a message free of charge from the App.

FNB vs Vodacom vs MTN vs Wizzit: Mobile money survey

FNB downtime investigation update

FNB iPhone deal in the works

FNB geo payments launched

Show comments

Latest news

More news

Trending news

Poll

Which video conferencing platform do you use for work purposes?

View Results

Loading ... Loading ...
Sign up to the MyBroadband newsletter