Tag: unbanked
FNB eWallet gets a boost
Yet more positve news about the prepaid market in South Africa; this time regarding eWallets. First National Bank’s eWallet has seen a 133% jump in growth for the month of December 2011, processing over R140 million in money transfer transactions as compared to R60 million in December 2010. “Every festive season since its launch, eWallet…
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Going cashless
Payment though the ages has been a slowly evolving process. We started with a system of barter, which was not always convenient: who would want to be a tax collector in those days? We then moved to paying in gold which got replaced by cash and, for a huge proportion of the World, life did…
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