FNB Virtual Card
Streaming Subscriptions Jump Up by 70% in South Africa
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FNB Posts Interim Results, Sees Robust Increase in Profits
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6 New Ways You Can Tap & Pay with FNB’s Virtual Card
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FNB Launches Virtual Card Service
FNB has launched its virtual card service to all individual and business customers. The Virtual Card is accessible via the FNB App and the RMB Private Banking apps. With this service, customers no longer need to rely on a physical card at merchants that have Tap-to-Pay functionality as they can either use an Android smart device or an Apple device where the merchant accepts QR Code payments. “Customers can immediately load the Virtual Card on their FNB and/or RMB Private Bank profile and link it to a debit, credit or fusion account at no additional cost to shop safely and conveniently,” says FNB. These customers are also able to create multiple virtual cards for dedicated transactions at no extra cost. /* custom css */ .tdi_3_166.td-a-rec-img{ text-align: left; }.tdi_3_166.td-a-rec-img img...
Use of Digital Payments is Growing Rapidly in South Africa
Sourced from Htxt.Africa The accelerating rate at which retail merchants are enabling consumers to pay digitally at point of sale is said to be fueling the growth of digital payments in South Africa. This is according to FNB, which revealed that its Scan-to-Pay and Tap-to-Pay functionality on the FNB APP recorded the highest month-on-month usage growth in August 2020 since launch. The Bank states that month-on-month transaction volumes on Scan-to-Pay – which allows users to scan a QR Code to make secure payments at a physical point of sale or on an online merchant website – grew by 36% in August while values increased by 39%. Similarly, month-on-month usage of Tap-to-Pay functionality – which allows users to pay for goods by simply tapping their smartphone to pay at a point of sale – incre...
