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’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.

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 ...