NEDBANK Namibia took the next step in its digital banking evolution by launching its top-rated Money App technology in Namibia.
According to the bank, the new Money App Africa (Money App) is not merely an upgrade on its existing mobile banking technology, but a fundamental rethinking of its mobile banking platform centred on customer needs.
“Introducing the new Nedbank Money App is another step towards fully digitising the banking experience for customers. Not only does our new app provide best-in-class user experience in terms of mobile banking, it is also the first banking app in Namibia that allows clients to freeze and unfreeze their bankcards straight from the app. This provides significant convenience and improved security for customers,” said Richard Meeks, executive of retail and business banking at Nedbank Namibia.
Clients can also activate their cards for international travel, and cancel and re-order cards using the new Nedbank Money App.
The new app will replace the current version, which existing clients can continue using until September.
“Nedbank strives to provide convenient and easy banking which provides peace of mind, knowing that excellent cyber security measures are protecting your money. Launching the Money App Africa is one way of delivering on this promise and help clients think differently about money,” explained Meeks.
The Money App does not deplete clients’ mobile data – meaning they can use it even without data. Moreover, customers will benefit from an improved banking experience and enhanced interface, better security with fingerprint login functionality, and the ability to link and de-link bank accounts from an online banking profile.
The retail and banking executive said: “I am convinced the Nedbank Money App is the most user-friendly banking app in the current Namibian market. The bank strives to simplify its banking for customers by offering secure solutions that provide quick on-the-go and convenient banking plus the ability to plan your finances.”
Some of the features customers can look forward to include showing or hiding accounts, a dashboard view, setting up recurring payments and ATM limits, loan repayment calculators, as well as an ATM and branch locator.
“In many aspects, Nedbank Namibia is a pioneer. We were first with online applications, enabling a cross-bank payment platform called PayToday through local partners, as well as offering an alternative to ATMs with the cash-out solution at cashiers of major retail grocery stores,” he said.
Nedbank will soon launch a new simplified bank account – another first for Namibia.
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