JOHANNESBURG - In little more than a month since being made publicly available, FNB’s eWallet eXtra has registered 50000 users and is seeing a steady increase in transactional volumes, particularly cash sends.
The mobile digital account was announced six months ago and officially went public on August 27.
Gugu Zikhali, FNB’s head of transaction products: mass market, said: “eWallet eXtra has no monthly fees and is primarily aimed at South Africa’s unbanked market.
“The positive uptake is testimony that South Africans have an appetite for digitally based banking solutions.
“Anyone who owns a mobile phone can open an eWallet eXtra account without having to visit a branch. All that is required is a name, surname and identity number, and thereafter the customer is issued with a unique account number.