Greg Illgner News Today

TymeBank, which aims to upend retail banking, including by pursuing unbanked and underserved South Africans, has now made cash withdrawals available to its customers at 172 000 spaza shops and traders across the country.


TymeBank has partnered with Flash to allow customers to withdraw cash at over 172,000 spaza shops and traders nationwide.

TymeBank and Flash have partnered to allow customers to make cash withdrawals from more than 172 000 spaza shops.

The digital bank partners payments firm Flash to enable cash withdrawals at over 172 000 spaza shops and traders across SA.

TymeBank is hoping to cash in on the belief that not all South Africans want to be cashless.

The digital bank migrates its tap-on-phone commercial customer base to the iKhokha tap-on-phone platform.

Cash solutions company G4S warned that cash-in-transit (CIT) heists could increase during the festive season.

A TymeBank survey shows that tough economic conditions have not deterred young people from putting money away for rainy days

South Africa has a mature banking sector and innovative fintech solutions on offer, but cash is still king in Mzansi. Why?

We always think that the older you get, the wiser you are. Does that then mean that older consumers are better at saving?