DURBAN - Standard Bank customers have embraced the banks digital journey and focus on offering enhanced digital capability and platforms.
Standard Bank customers have recorded more than 130 million digital transactions between January and September 2018 on the bank’s electronic platforms.
The transactions represent an average monthly rand value of R85 billion being processed through the bank’s digital channels which includes online Banking, mobile app & USSD transacting platforms.
This represents a 7.9 percent year-on-year increase in the rand value being processed on these channels.
The growth in transaction volumes and rand value processed can be attributed to: