Capitec Bank has recently revealed a new banking app that has been available few months ago.
According to the bank, this new app is not an update of Capitec’s existing app but an entirely new app.
The app is free to download and there is no monthly subscription plus MTN, Vodacom, Telkom Mobile and Cell C subscribers pay zero data charges when they use the app.
The app is also secured because every transaction is protected by the user’s Remote pin.
It is important to note that any client that registers for Remote Banking from the launch date with automatically get the new app. Clients that are using the existing app can continue to use the current app until they download and activate the new app. Once successfully activated clients will not be able to use the existing app, only the new app.
Capitec Bank clients who have verified their email address on the current app can upgrade to the new app without visiting a branch.
Source: Business Report online