No proof of address in SA? No problem, for new ‘WhatsApp bank’ [Video]

A groundbreaking digital banking solution is now available in South Africa, and offers cardholders an accessible way to manage their finances via WhatsApp.

Mama Money Financial Services, a fintech known for its affordable money transfer services, has introduced the Mama Money Card in partnership with Access Bank and Pick n Pay.

Mama Money cardholders will be able to manage their money and bank account through WhatsApp.

This innovative bank card addresses the challenges faced by millions in South Africans who struggle to open bank accounts and access traditional banking services.

With WhatsApp integration, Mama Money customers can manage their accounts with ease. Services include purchasing airtime or electricity, checking balances, freezing the card if lost or stolen, and depositing cash.

Additionally, the card can be used to shop online, swipe in stores, withdraw cash from ATMs, and send money to over 70 countries.

“The Mama Money Card is making it much easier for under-served communities to get their own bank service,” said Mathieu …