Absa Innovates With WhatsApp Banking

Faizel Patel, Radio Islam News – 11-07-2018

Following it’s new brand and strategy in Africa, Absa has introduced an innovative new way to bank – via WhatsApp.

Business Tech reports the bank confirmed on Wednesday during a media briefing that the WhatsApp banking service is a part of the group’s digital banking strategy going forward.

Private lender Kotak Mahindra Bank introduced the service on a trial basis but Absa is the first bank to launch the service fully anywhere in the world.

According to Absa, as part of its ‘social media banking‘, clients will be able to perform instant transactions using the bank’s ChatBanking service, available on Facebook Messenger, Twitter and now WhatsApp.

The service allows clients to get their bank balance, buy electricity, purchase airtime and data, and also pay beneficiaries.

To use WhatApp banking, you need to follow these steps:

Add Absa (086 000 8600) as a contact on your device

Open WhatsApp and find the new contact;

Simply say ‘hi’ to your Absa contact.

Twitter: @FaizelPatel143

WhatsApp Hackers

Rabia Mayet | rabiamayet@radioislam.co.za 21 November 2024 3-minute read The rising surge of WhatsApp account hacks has prompted cell-phone service provider MTN to launch an awareness campaign, encouraging individuals to report hacks. Speaking to Ml Sulaimaan Ravat on...

Digital twin technology: using dynamic data to protect our environment

Sameera Casmod | sameerac@radioislam.co.za 17 February 2024 | 07:00 a.m. SAST 1 minute read In the face of escalating biodiversity loss, scientists are turning to innovative solutions to monitor and protect endangered species and ecosystems. The use of digital twin...

Digital consumer trends 2024: harnessing digital power to meet consumer expectations

Sameera Casmod | sameerac@radioislam.co.za 07 February 2024 | 14:31 SAST 2-min read Euromonitor International released the Top Five Digital Consumer Trends in 2024 report. The rapidly evolving digital landscape of 2024 has brought forth a myriad of challenges and...

Surveillance and control through facial recognition technology

Sameera Casmod | sameerac@radioislam.co.za 02 February 2024 | 23:12 SAST 2-min read Facial recognition technology, once a sci-fi concept, has become an integral part of our daily lives, from unlocking smartphones to securing university campuses. However, its...

How to Make Money from Social Media

Ziyaad Plaatjes (co-founder of ilovesa.com) talks to Radio Islam about how to make money online.

[LISTEN] New Rules to have an Impact on e-Bike Owners

Faizel Patel – 09/06/2020 (Twitter: @FaizelPatel143) The deputy editor of Business Insider South Africa says new draft regulations are expected to have an impact of owners of e-bikes in South Africa. While the new draft law seeks to change the definition of a...