First National Bank (FNB) today announced updates on its eWallet platform, saying it is integrating it with WhatsApp to target South Africa’s informal economy. eWallet is a mobile money transfer ...

FNB has expanded its eWallet onto WhatsApp, creating a simpler digital entry point into formal financial services for millions of South Africans. Delivered through WhatsApp, the new eWallet reduces ...

FNB’s new eWallet offering allows users to store money on their phones and also offers small cash advances. It may be a good option for people whose income does not justify the cost of a bank account.