More than 1-million Nedbank MobiMoney accounts opened : vima

More than 1-million Nedbank MobiMoney accounts opened


More than 1-million Nedbank MobiMoney accounts opened
Anyone with a valid SA ID number can open a Nedbank MobiMoney account on any mobile device in seconds
13 April 2021 - 13:59
Small businesses can use Nedbank MobiMoney to pay digitally immediately and directly, simply by entering the secure pay code.
Image: 123RF/Aleksei Todosko
When it first launched in 2018, Nedbank’s cellphone-based account, MobiMoney, was aimed at making an affordable, easy-to-use bank account available to previously unbanked or underbanked South Africans. This innovative account has delivered on this objective, and its value has been recognised by the full spectrum of clients and businesses, with more than 1-million MobiMoney accounts opened in just under three years.

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