FNB launches mobile bank account, eWallet eXtra
First National Bank (FNB) announced on Wednesday the launch of a mobile bank account, eWallet eXtra for South Africans which does not require any paperwork.
The launch of the mobile bank account is a step into the direction of automated services where human intervention and paperwork is not needed.
According to CEO of FNB Easy, Pieter Woodhatch, FNB noticed how well their eWallet service was doing which is used by over a million users. Also 66% of regular eWallet customers utilise digital or mobile services. Therefore, FNB expanded on eWallet’s current functionality which was formerly limited to only money transfers.
“In order to launch this service, digital was the most important factor. This service will pass control back to individuals”, added Woodhatch.
Read the full story on: IOL.