Whether you owe, or you’re owed, there are always difficulties associated with making that quick and easy transaction. You may need to send money to family, pay your friend back for dinner or simply transfer some quick cash. The world is becoming more and more cashless by the year, making the market for transferring money easily an increasingly competitive one. ClockWork have put together a list of the top 5 money transfer apps which will put your busy life one step closer to simplicity.
Nedbank Money App
Released earlier this year, Nedbank set out to provide a quick, safe and easy way of managing your money on the go. With the Nedbank money app, you can transfer money easily between your accounts, make instant payments and buy airtime, data and SMS bundles. Feeling lucky? You can also play LOTTO or Powerball and receive real time draw results.
Download link (Android): https://play.google.com/store/apps/details?id=za.co.nedbank&hl=en_ZA
Buzz Pay by Afrihost
BuzzPay is a new easy, fast and efficient peer to peer payments platform that allows you to transfer money quickly and easily. Simply link your debit card and begin transferring or receiving money. Topups are instant and withdrawals are cleared to your account by midnight.
Download link (Android): https://play.google.com/store/apps/details?id=com.buzzpay
Capitec Cellphone App
The Capitec cellphone app allows you to bank on the go. It is safe, secure and easy to use on all smartphones. Efficiently transfer money to beneficiaries, and what’s more, MTN, Vodacom and Cell C subscribers pay zero data fees when using the app!
Download link (Android): https://play.google.com/store/apps/details?id=capitecbank.remote.prd&hl=en_ZA
The Wala app allows you to send money to friends and family instantly for free. It allows you to send Dala digital money to any of the countries where the app is available. Furthermore, you are able to buy services in the Wala market, and soon they have expressed that you can even transact in stores using the app.
Slide have gained a lot of hype and publicity about their eagerly anticipated peer to peer money transfer app. Anyone with a cellphone number or email address is now able to send or receive money free of charge. You no longer even must know someone’s bank details in order to send them money! Slide will link with all your contacts and you can personalise messages, where the recipient is notified via SMS or email.
ClockWork is an employment technology which aims to upskill blue collar jobseekers in South Africa by connecting them with employers. The technology platform allows them to display critical job characteristics in the form of a virtual and quantified ‘CV’, enhancing their credibility and future employability. The mobile app enables workers to receive payments instantly upon job completion using their mobile phone.