Capitec Bank Launches Prepaid Airtime & Data Offerings - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

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Capitec Bank Launches Prepaid Airtime & Data Offerings -South African digital banking group Capitec is disrupting the local prepaid market with the launch of Capitec Connect: a new prepaid sol... -

South African digital banking group Capitec is disrupting the local prepaid market with the launch ofAt R4.50 per 100 Megabytes or R45 per Gigabyte, Capitec Connect data is apparently on average 50% below the normal market price, and the rates remain flat whether clients buy small or large quantities. The data alsoexpires provided the SIM is used at least once in 6 months, which means that Capitec clients never lose what they paid for.

The prepaid solution, a partnership with Cell C, seeks to bring digital inclusivity. “Our vision is to bring connectivity to all. We want to help create opportunity for everyone to be able to connect with access to affordable data and digital banking anywhere, anytime.” says Fourie. Two of South Africa’s most common hashtags have long been #DataMustFall and #DataAsseblief, demonstrating the nation’s cry for the lowering of exorbitant data costs.

Capitec Connect is a Mobile Virtual Network Operator service on the Cell C network. An MVNO provides cellular services to its clients without owning the network infrastructure. SIM cards are available to clients at all Capitec branches and clients can get up to 5 SIM cards linked to their profile, which makes it easy to give access to data and airtime to family members.

 

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