Electronic wallet, commonly known as eWallet, is one of the most convenient ways to transact and manage money online. In South Africa, Capitec Bank is one of the leading financial institutions that offer eWallet services to its customers. In this article, we will guide you on how to do eWallet with Capitec.
What is Capitec eWallet?
Capitec eWallet is a service that allows Capitec Bank customers to send funds instantly to anyone in South Africa who has a valid South African cellphone number. This service is available 24/7, and it does not require the recipient to have a bank account. The recipient can use the money sent to them to make purchases, withdraw cash from a Capitec ATM, or transfer it to their bank account.
How to send money with Capitec eWallet
To send money with Capitec eWallet, follow the steps below:
Step 1: Dial *120*3279#
Dial *120*3279# on your cellphone and select "Send Money" from the menu.
Step 2: Enter the recipient's cellphone number
Enter the cellphone number of the person you want to send money to. Ensure that the number is a valid South African cellphone number.
Step 3: Enter the amount you want to send
Enter the amount you want to send. The minimum amount you can send is R10, and the maximum amount is R5,000 per transaction.
Step 4: Confirm the transaction
Confirm the details of the transaction, including the recipient's cellphone number and the amount you want to send. If the details are correct, enter your secret Remote PIN to authorize the transaction.
Step 5: Notify the recipient
Once you have completed the transaction, notify the recipient of the money sent, and provide them with the withdrawal instructions.
How to withdraw money from Capitec eWallet
To withdraw money from Capitec eWallet, follow the steps below:
Step 1: Dial *120*3279#
Dial *120*3279# on your cellphone and select "Get Cash" from the menu.
Step 2: Select "eWallet services"
Select "eWallet services" and enter your cellphone number.
Step 3: Enter the withdrawal amount
Enter the amount you want to withdraw. The minimum withdrawal amount is R10, and the maximum amount is R5,000 per transaction.
Step 4: Generate a withdrawal number
Generate a withdrawal number, which you will use to withdraw the cash. The withdrawal number is valid for four hours.
Step 5: Withdraw the cash
Visit any Capitec ATM, select "eWallet services," and enter the withdrawal number and the amount of cash you want to withdraw. The ATM will dispense the cash, and you will receive an SMS confirmation.
Conclusion
eWallet services are convenient and secure, making them ideal for anyone who needs to send or receive money quickly. Capitec eWallet is an excellent option for anyone who needs to send money to someone without a bank account or anyone who needs to receive money quickly. By following the steps outlined above, you can easily send or receive money using Capitec eWallet.
