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Pay at Spar using your FNB eWallet

FNB announced late last week that consumers can now use it’s eWallet facility to purchase goods and withdraw cash at participating owner-managed SPAR stores in South Africa.

Aptly called eWallet@till, the cardless functionality uses a cellphone to enable eWallet recipients to make over the counter purchases and withdrawals at over 1300 participating SPAR outlets.

FNB’s user data of eWallet@till shows a sharp spike in usage across select provinces in December 2017, with 53% transactions taking place in Limpopo, followed by Gauteng at 32% and KwaZulu-Natal with 10% as well as the Eastern Cape with about 5% of transactions.

According to the findings of the FinScope South Africa survey, mobile money solutions continue to play a vital role in broadening financial inclusion. The survey shows that in 2017, 71% of senders are sending money once a month to people outside of the household. Furthermore, the study showed that consumers have a propensity to use both mobile and retailer to send and receive money.

Papi Mabele
Tech enthusiast at heart. Lover of all things digital. Papi is the founder of SA Vibe and has been sharing his love for gadgetry since 2010. Papi sees no need for wearable tech in his busy schedule and considers the Xbox One as non existant. He may come across as bias at times, and still holds a grudge at BlackBerry for creating the 8520.
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