Skip to main content

Mobile units bring banking to remote areas

| Innovation and technology

In a first for the local financial sector, banking services will soon be available to those in remote, rural and difficult-to access areas around the country.

This is as FNB transforms a shipping container, equips it with infrastructure and transports it to several locations around the country.

The mobile units will be installed with ATMs and ADTs, which are devices with electronic-depositing capabilities, as well as teller services to provide customers an opportunity to personally interact with staff.

The Phumlani Mall in Tembisa, Ekurhuleni, which was damaged by a tornado last week, will be one of the locations where the container will be placed temporarily.

Speaking at the official launch of the mobile banking units in Joburg on Tuesday, the chief executive of FNB's points of presence, Lee-Ann van Zyl, said the unit would be beneficial for residents as it would allow them access to banking services as much of the infrastructure in the township was destroyed during the natural disaster.

She said the unit was expected to be up and running in Tembisa by next month, with plans for more units to be placed at other locations around the province and the country.

Van Zyl pointed out that the mobile units would give more people access to banking services.

Pin It

Related Articles

By Blake Raubenheimer, Omnichannel Executive at SPAR Group As South Africa moves deeper into the digital retail decade, partnerships like SPAR and Uber Eats show how innovation can serve inclusion. They reveal how technology, often seen as disrupti…
South Africans will soon be able to apply for Smart IDs and passports at Pick n Pay, Boxer and TFG outlets, following a new partnership between the Department of Home Affairs (DHA) and TymeBank.
By: Lorna Hopkin, retail specialist, EMEA, Zebra Technologies Your jeans and nearly all other products sold in the European Union (EU) will soon require their own travel document – a Digital Product Passport (DPP), containing comprehensive informat…
Checkers has launched South Africa’s first smart shopping trolley, pioneering a major step towards a frictionless, technology-led in-store experience.
Rosebank Mall has flipped the switch on what is believed to be South Africa’s largest commercial hybrid energy system.