eWallet

18 Apr 2018

FNB unveils a mobile bank account for unbanked, underbanked consumers

By Janice Roberts

Today, First National Bank (FNB) announced the launch of eWallet eXtra, a mobile bank account that allows unbanked and underbanked South African consumers to use a feature phone or a smartphone to open a bank account without ever walking into a branch. eWallet eXtra will have no monthly fees and consumers are not required to...

27 Sep 2016

South Africans going big on mobile money

By Janice Roberts

South Africans are showing significant appetite for mobile money solutions, this is according to the latest data from FNB eWallet Solutions, which shows that 4.2 million new eWallets were created over the last 12 months, a rate of about 350 000 new eWallets per month.