It has been established that mobile banking after a slow start, has skyrocketed over the past year and with smartphones soon to be common across all generations, the forecasts about the end of conventional branch banking no longer looks far fetched.There was once a cosy high street banking cartel with barriers that effectively prevented customers from switching accounts or even accessing new products and services conveniently, with technology, all this is changing.The Capitec banking app is the perfect example in this regard.
This app is secure,easy to use and available on supported smartphones. Other features of this app include the fact that its free to download and there is no monthly subscription,beneficiary payments can be done at half the branch cost, you can take control of your money and track your spending, you can access the app on the go from your cellphone and every transaction is protected by a Remote PIN.
Some of the things you can do on this app are making payments to people or accounts, buying airtime, data and SMS bundles, buying electricity, viewing your last electricity tokens purchased, adding beneficiaries, viewing, sorting, updating and deleting beneficiaries, adding recurring stop orders and future dated payments, view transaction or beneficiary payment history as well as do credit facility transfers.There is also a new added feature which allows you to stop or dispute debit orders.
For any further queries regarding this product offering, Capitec can be contacted on 0860102043.