FNB cellphone banking hits 2 million customers
Michael Jordaan, CEO of FNB says this milestone speaks to our brand promise of helpfulness and innovation. "When we launched FNB Cellphone Banking five years ago we did so with our customers in mind - we wanted to develop a solution that will make banking more accessible, affordable and convenient. This achievement is evidence of our goal to deliver an innovative solution of doing banking in a cost effective way."
When FNB introduced cellphone banking in the market, this meant that our customers got to save on bank fees; did not have to pay transport costs or travel long distances to make payments, check account balances or send money.
"The evolution of cellphone banking has made it possible for our customers to easily and safely send money to loved ones back at home - this meant they no longer have to use informal and expensive methods of sending money," adds Jordaan.
Cellphone Banking makes life better for all, with customers from both urban and rural areas using the service. Over 65% of registered customers earn less than R100, 000 per annum, and fall within the 19 - 40 age groups.
Ravesh Ramlakan, CEO of FNB Cellphone Banking Solutions says this success is a direct result of being able to anticipate the right technology at the right time for customers. "With the launch of FNB's menu based Cellphone Banking offering in 2005, customers with any cellphone and on any network could access the service with no download or configuration required."
"This milestone also shows that cellphone banking is safe and is gaining popularity among customers. We are constantly innovating and developing our technology to ensure that we add value to our customer base," adds Ramlakan.
"Cellphone Banking has changed and greatly improved the way our customers do banking," Ramlakan concludes.
Featured New homeowner? Be aware of these extra expenses
You’ve overcome all the hurdles of buying a home. You’ve managed to pay your deposit and your closing payments, and now you’re a proud title deed holder. However, there are other expenses waiting around the corner. Are you prepared?
Your biggest credit conundrums – answered
Understanding your credit health is one of the most important factors in managing your finances. This is because it gives you insight into your debt, your borrowing ability, and your financial history. While many understand this, there are still many questions on how to do just that.
Avoid debt collectors, choose debt counselling
There are two things you can do when you are struggling to pay your debt. You can either let your creditors hand your debt over to debt collectors – or you can let debt counsellors help you deal with your debt.
Retail notes: easy investment option for new investors
Being a newbie in the world of investing can be challenging because you don’t know where and how to invest. With so many investment options, you could easily be befuddled. Justmoney looks at how retail notes can help you cut your teeth in the world of investing.
Translux Student Discount
Price: Depends on destination
Zimbali Senior Citizens Discount
Price: From R1342.00
When: Until 14 December 2019
Where: KwaZulu Natal
Free meal for kids at Mozambik Restaurant
When: Until 15 November 2019
Where: Johannesburg, Durban, Pretoria