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TMCNet:  South Africa's Standard Bank mobile users reach 3 mln in H1 [Global Data Point]

[August 29, 2013]

South Africa's Standard Bank mobile users reach 3 mln in H1 [Global Data Point]

(Global Data Point Via Acquire Media NewsEdge) South Africa's Standard Bank says its number of mobile banking customers rose by 58 percent year-on-year to 3 million at the end of June, BusinessTech reported. Sharply increased activity occurred through the mobile banking channels in South Africa was offset by slightly lower activity through the group's ATM network, it said. Vuyo Mpako, head of channel design and development at Standard Bank, said that in June 2013, the group had just under 170,000 unique registered users of its mobile banking app, with the total value of transactions on the app at approximately ZAR 11 billion in the year to date.

(c) 2013 Global Data Point. All Rights Reserved. Provided by Syndigate.info an Albawaba.com company

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