News Formal

Tymebank targets entry-level market with lower fees

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

Business News News

Its focus on the entry-level market pits Tymebank directly against Capitec

Tymebank says it has reached a “comfortable” footfall of five new customers a day in about 500 of its live kiosks in Pick n Pay and Boxer Stores across the country.

“We know that we need scale. We need to on-board as many customers as soon as possible and ensure they transact as much as possible,” said Tymebank’s deputy CEO, Tauriq Keraan. “There’s a big job to be done in the underserved communities at the entry level of banking. We also believe there’s a bigger opportunity in this country to engage SMEs in a much more effective way,” said Tymebank CEO Sandile Shabalala.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

MARKET WRAP: JSE edges lower ahead of the budget speechA spate of earnings reports from miners gave the bourse some direction, although all eyes are on Wednesday’s budget
Source: BDliveSA - 🏆 12. / 63 Read more »