FNB’s eWallet will cost R8. Absa’s CashSend will cost R17.40. And Standard Bank amounts to R9.95. (Transaction costs-exclude actual amount of money transferred ie, R1000) ...

Gauteng alone accounted for over R1 billion worth of eWallet transactions, ... Standard Bank’s Instant Money service is the equivalent of FNB’s eWallet or Absa’s CashSend offerings.

While Absa pioneered a way to send money to any cell phone number with CashSend in 2008, ... the eWallet exists as a “virtual account” which operates in a similar way to a normal bank account.

Learning how to reverse an eWallet payment will help you recover cash if you make a wrong transaction. Discover the steps to take to get back cash sent mistakenly.

Absa's CashSend service, which was originally aimed at entry-level banking customers, is now being extended to the small business and agricultural sector. Established late in 2008, CashSend allows ...

More and more people are taking to services that enable them to transfer money to people who do not have a bank account. Account-free services introduced by the big four banks – Absa, First ...

FNB, for example, offers eWallet, while Absa offers CashSend, Nedbank m-pesa and Standard Bank Instant Money (which works through purchasing an Instant Money Voucher). The technology and the stats.

While Absa pioneered a way to send money to any cell phone number with CashSend in 2008, ... the eWallet exists as a “virtual account” which operates in a similar way to a normal bank account.