Top-rated money app launched

06 August 2019 | Banking

Nedbank took the next step in its digital banking evolution by launching its top-rated Money App technology in Namibia.

According to the bank, the new Nedbank Money App Africa (Money App) is not merely an upgrade on its existing mobile banking technology, but a fundamental rethinking of its mobile banking platform centred on customer needs.

“Introducing the new Nedbank Money App is another step towards fully digitising the banking experience for customers. Not only does our new app provide best-in-class user experience in terms of mobile banking, it is also the first banking app in Namibia that allows clients to freeze and unfreeze their bankcards straight from the app. This provides significant convenience and improved security for customers,” says Richard Meeks, executive of retail and business banking at Nedbank Namibia.

Clients can also activate their cards for international travel, cancel and re-order cards using the new Nedbank Money App.

The new app will replace the current version, which existing clients can continue using until September of this year.

Data

The Money App does not deplete clients’ mobile data – meaning they can use the banking app even when they have no data left for internet use. Moreover, customers will benefit from an improved banking experience and enhanced interface, better security with fingerprint login functionality, and the ability to link and delink bank accounts from an online banking profile.

Some of the features customers can look forward to include showing or hiding accounts, a dashboard view, setting up recurring payments and ATM limits, loan repayment calculators, as well as an ATM and branch locator.

“In many aspects Nedbank Namibia is a pioneer. We were first with online applications, enabling a cross-bank payment platform called PayToday through local partners, as well as offering an alternative to ATMs with the cash-out solution at cashiers of major retail grocery stores,” says Meeks.

Nedbank will soon launch a new simplified bank account – another first for Namibia.

Similar News

 

SME Bank: Money laundering exposed

1 week ago - 02 October 2019 | Banking

A company called Omulunga Capital Investments CC, of which Zimbabwean Cosmas Mushininga is the sole director, was placed under provisional liquidation by the High Court...

Money transfers a tedious exercise

2 weeks ago - 27 September 2019 | Banking

Since Monday this week, cross-border electronic fund transfers (EFTs) are being more closely controlled and restricted. Contrary to an earlier statement by the Bankers Association...

Iipumbu paid for his Porsche

2 weeks ago - 26 September 2019 | Banking

On September 12, Namibian Sun reported on a N$4.8 million claim by Agribank against its former CEO, Leonard Iipumbu, for unpaid loans against farmland, as...

46 000 jobs through Agribank

2 weeks ago - 26 September 2019 | Banking

ELLANIE SMIT Agribank has created or maintained 46 816 direct jobs in the agriculture sector during the...

Chasing seamlessly integrated offerings

2 weeks ago - 25 September 2019 | Banking

B7: Give us the 101 on Biniam Ghirmatsion, the person and the professional.BG: I was born and raised in Asmara, the capital city of Eritrea,...

Kamushinda fights on

4 weeks ago - 16 September 2019 | Banking

Enoch Kamushinda, described as the mastermind behind the heist at the SME Bank, is continuing his dogged battle to stop the bank's “closure”.In his latest...

Berry’s hard work pays off

1 month - 13 September 2019 | Banking

Evany van Wyk Establishing good relationships with clients and becoming a connector of positive change are among Johan Berry’s future plans. His vision is...

Berry’s hard work pays off

1 month - 13 September 2019 | Banking

Evany van Wyk Establishing good relationships with clients and becoming a connector of positive change are among Johan Berry’s future plans. His vision is...

If ‘positivity’ were a person

1 month - 30 August 2019 | Banking

EVANY VAN WYK Stephanie Viljoen wakes up every morning with the hope that she will impact somebody’s life and that they will be inspired by...

Zero maintenance bank account launched

1 month - 21 August 2019 | Banking

With Nedbank Namibia’s recently launched Pay-As-You-Use account, clients of any age or income group pay bank charges only when they make a transaction.“We are excited...

Latest News

Amupanda KOs Doeseb

23 hours ago | Sports

JESSE JACKSON KAURAISA - Namibian public figures had a chance to stretch their muscles after participating in the MTC Knockout Project at the Windhoek...

TransNamib gets N$2.5bn

23 hours ago | Transport

TransNamib CEO Johny Smith says Namibian and southern African development banks have approved funding of N$2.5 billion for the parastatal's ambitious business plan that was...

Crashes cost millions

23 hours ago | Accidents

Injury grants totalling more than N$21 million and funeral grants of N$2.5 million have been paid out by the Motor Vehicle Accident (MVA) Fund in...

Nudo promises welfare state

23 hours ago | Politics

The National Unity Democratic Organisation (Nudo) promised a welfare state when it launched its election manifesto in the Havana informal settlement on Saturday.Addressing a crowd...

Every anti-GBV effort counts

23 hours ago | Opinion

The MTC Knockout Project held over the weekend was a huge success in many ways. Naysayers, spurred on by armchair critics, had a field day...

The Desert Dash is on

23 hours ago | Sports

The 20th edition of the Nedbank Desert Dash is set to take place in the first week of December. The event, which annually attracts...

Pack and leave

23 hours ago | Sports

JESSE JACKSON KAURAISA I am writing this hoping that it will reach those that I believe do not have the interest...

Expired meds limit campaign

23 hours ago | Agriculture

Only some cattle in the northern communal areas will benefit from this year's free lung sickness vaccination.The agriculture ministry would neither confirm nor deny that...

PDM slams LPM's 'blatant lie'

23 hours ago | Politics

The secretary-general of the Popular Democratic Movement (PDM), Manuel Ngaringombe, has denied allegations that the party has struck a deal with Swapo to rig the...

Load More