eWallet eXtra

Have you heard? There’s a mobile bank account that allows unbanked and underbanked South Africans to use a feature phone or a smartphone to open a bank account without ever walking into a branch. On 18 April 2018, First National Bank (FNB) announced the launch of eWallet eXtra which will have no monthly fees and you will not be required to submit any paperwork, requiring only your name, surname and ID number on a mobile device. The solution will be available by June 2018. Gugu Zikhali, FNB Head of Transaction Products: Mass Market says “This is a simple, accessible and cost effective solution. If youRead More →