As of 1 January 2021, Nedbank clients will no longer be able to use cheques as a payment option. In an announcement on Tuesday, the bank said this is because few clients make use of the service.
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Nedbank, the financial services partner in Vodacom’s M-Pesa mobile payments initiative, says it is “disappointed” that the service hasn’t taken off as fast as it had hoped for but it remains committed to the venture and will introduce new products and streamlined services soon in an effort to
Standard Bank and Nedbank have finally offered their opinions on online personal financial management (PFM) start-up 22seven, which has been garnering an enormous amount of attention and controversy from banks and consumers alike since launching on Thursday. Absa and First National Bank have both weighed in