Good news for people with Capitec banking accounts
Capitec has introduced several initiatives to benefit its banking clients, including in-branch Smart ID and passport services, as well as good news on fees.
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Capitec has introduced several initiatives to benefit its banking clients, including in-branch Smart ID and passport services, as well as good news on fees.
Stellenbosch has become a major economic hub in South Africa, serving as the headquarters for several JSE-listed giants and technology companies.
Nedbank CFO Mike Davis says that South Africa is seeing a push away from cash, which is extremely expensive for banks.
South Africans applying for a smart ID card now have 66 bank branches to choose from, including the first branches in the Free State and North West Provinces.
Capitec has overshot its Smart ID launch branches, opening 30 in the first week of the project with the Department of Home Affairs.
South Africa’s economy is powered by millions of entrepreneurs, from traders and sole proprietors to growing small businesses.
A third major South African bank has announced the first new branches part of an expanded digital partnership model with Home Affairs.
After nearly 10 years of a very limited eHomeAffairs pilot, South African banks will begin rolling out smart ID card services at scale next week.
Not everyone wants to trade shares or take big risks with their hard-earned money — and they shouldn’t have to.
Capitec customers could see more physical banking options in the coming years, as the bank plans to grow both its branch footprint and ATM network in 2026. This comes at a time when many of South Africa’s traditional banks are doing the opposite, steadily reducing the number of branches and ATMs as more customers move…