FNB eWallet – if you are looking for an effective and safe method of sending or receiving money to and from a loved one anywhere in South Africa, FNB eWallet is the best and most efficient method available. FNB eWallet allows you to send money to any individual within South Africa with a valid cellphone number and the money can be accessed at any FNB ATM machine nearest to them. Getting money through FNB eWallet is instant, and the recipient doesn’t have to pay anything or have an existing FNB account, making it truly accessible and efficient method of money transfer.
How does FNB eWallet work?
FNB eWallet works when an existing FNB account holder sends money by entering their cellphone number, and the recipient will get a notification via sms that money has been sent to them with an FNB Number to call. The recipient has to call that FNB Number *120*277# when they are at the nearest FNB ATM which will then give them a list of options to choose from. You choose option 1 which says “Get Money” and you should receive an sms with a pin code which they have to enter within a 30 minute period, after which it expires.
FNB eWallet has also improved on their facility and now has an option to send a OTP(One Time Pin) PIN to the recipient as well. This has been helpful for most because this allows even people without airtime to access their money. Next step is to go to an FNB ATM machine and choose FNB eWallet option, enter your cellphone number and the pin code and you will then get instant cash there and then, easy as that!
Although the facility was initiated for bankers in South Africa it has been expanded to customers in Botswana, Lesotho, Swaziland and Zambia. FNB CEO of eWallet Solutions said that ewallet transactions has reached the R1 Billion mark in monthly transactions and continue to experience high growth percentages year on year. Businesses also have a eWallet Pro facility to send money and has been popular in the agriculture, construction, health, insurance and education sectors.
The maximum amount that you can send using ewallet for online is R3 000, cellphone banking it is R1 500, FNB Banking App it is R3 000 and through an FNB ATM it is R1 500. If you do send money to a wrong recipient you can contact their call centre on 087 575 9405 and request for a reversal, but it is important to know that you will be charged for it.
With eWallet the recipient can perform various transactions such as buying prepaid airtime, data, electricity, paying bills and even send money to another cellphone number. For more information regarding the FNB eWallet service, simply visit www.fnb.co.za.