iTWire - Adelaide fintech Tic-Toc appoints CTO Shantell Williams for next growth phase
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Australian fintech company announces new chief technology officer
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Telkom partners with EasyEquities after signing up 10,000 digital wallet users May 24, 2021, 05:24 PM
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(Telkom)
The telecommunications company will relaunch its Digital Wallet service in June following a
pilot programme which attracted more than 10,000 users.
Telkom Pay Digital Wallet allows users to send and receive money via WhatsApp.
But competitors MTN and Vodacom have a head start and have also recently announced improvements to their mobile payment platforms.
For more stories go to www.BusinessInsider.co.za.
South African telecommunications provider Telkom is looking to compete in the financial services arena after securing 10,000 Digital Wallet subscribers since launching a pilot programme in December 2020. Telkom has now announced a partnership with the fintech investing platform, EasyEquities, which will target Digital Wallet users.
How to buy your very first share â even if you have mere cents to invest
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You can buy R1 (or even one cent) worth of shares. The key to getting started is to get started, says Charles Savage.
How much money do you need to start investing?
A lot of companies have minimum amounts that are prohibitive for investors of small sums of money.
One company that makes investing accessible is EasyEquities.
It has no minimum investment amounts and claims to have the lowest fees in South Africa.
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Charles Savage, CEO - Purple Group Limited
Youâve got to invest a minimum of 15% of your income⦠if youâre in your 20s⦠If youâre old, then 15% wonât cut it⦠The longer youâve got the less you need. Compound interest will deliver extraordinary results over timeâ¦