Money When You Need it Most
By FREE account, we mean no monthly payments, subscription fees or any hidden monthly costs
It’s like cash but safer and more convenient
• Free Money 24/7 mobile app and wallet
• Prepaid Card
• Fuel Cashback
• Garnishee Investigations
• R5,000 Funeral Assistance
• R1,000 Discount Grocery E-Coupons p/m
• Lifestyle Rewards
All these benefits for only R35 per month and a once-off activation & Courier fee of R200
Pay and send money to anyone, anytime - wherever you are
Have you ever needed to withdraw cash to pay someone? What a hassle!
You can use your Money247 account to send cash to any mobile phone number, for the recipient to withdraw at any ABSA ATM (more ATM’s to be added soon). Even easier, send an invite link to your friend to register within minutes for Money247 banking. The cost of making the payment will be much less and the money would be available immediately to the recipient, wherever he may be.
Buy groceries, deposit and withdraw cash at Shoprite & Checkers stores
Have you ever had a trolley full of goods at the till before realizing that you left your wallet or purse at home? No worries, you can now shop or withdraw cash by using your mobile phone with our Money247 account QR scanner. Paying has never been this easy.
You can use the app at most outlets, by providing a QR code created by your Money247 online account. You simply provide the number to the till operator or key the number in on the speed point keypad.
Prepaid Data & Airtime
Buying prepaid data and airtime has become an essential part of life for many South Africans.
You can now buy prepaid airtime and data at any time using your Money247 app. Help your family or friends by sending them prepaid data and airtime using your money247 account.
Besides the convenience, speed, and user-friendliness, you are also not charged a fee for making airtime and data purchases within your Money247 account.
Wallet to wallet transfers
A Money247 wallet to wallet transfer reflects immediately.
Ever needed cash immediately? Now it’s possible. By transacting from your Money247 wallet to wallet, you can send and receive money within seconds. No more waiting periods in an emergency!
Empower your employees
You can make an active contribution to your fellow South Africans by introducing them to the Money247 wallet accounts. By connecting your employees to Money247 accounts, no more hassle for employers to pay your staff.
Your employees can open their own accounts within minutes, accessible from their mobile phone, and can use their mobile to send money home, buy goods in stores and withdraw cash – wherever they are.
Send Money Home
You qualify for up to 4 Prepaid Cards on your Money247 Wallet. Issue Cards to family members at home and simply allocate funds to their Cards when required from your Mobile. They can immediately withdraw money from any ATM Fast & Secure or use the card at a retailer to purchase goods.
Mobile banking and virtual currencies will change the way we transact and do business. We offer clients and Merchants the opportunity to become part of the new world and share in the savings our services deliver. Gone are the days of standing in queues to do your banking.
Money 247 Lifestyle Rewards program includes a basket of rewards, discounts, services and benefits including:
Free Funeral Assistance, Free Fuel Cash back, Free Trauma Counseling, Free Emergency Medical response and many more.
Your Money 24/7 Account
An e-wallet that gives you all the convenience of a normal bank account.