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4-Traders Homepage  >  Equities  >  Johannesburg Stock Exchange  >  Standard Bank Group Ltd    SBKJ   ZAE000109815

End-of-day quote. End-of-day quote  - 06/28
123.88 ZAR   +2.08%
05:28p STANDARD BANK : updates app
06/20 South Africa's MTN names Vodafone Europe head as new CEO
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Standard Bank : updates app

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06/29/2016 | 05:28pm CEST

Standard Bank customers in Botswana, Namibia, Ghana and Uganda will also be able to download an updated version of the app.

Standard Bank app users will now be able to make international payments to individual recipients in almost 200 countries, from their Apple or Android smartphones.

According to the bank, customers can now make international payments within their South African Reserve Bank regulated allowance of R1 million per annum, with all payments protected by advanced security features.

"This updated functionality represents the ultimate in flexibility and convenience by providing customers in any region, who would previously have had to visit a branch and complete vast amounts of paperwork, with instant access to, and absolute control over, their entire financial portfolio ," says Vuyo Mpako, head of digital channels and e-commerce at Standard Bank.

According to the statement, this latest app release includes the ability for customers to adjust their daily and monthly ATM limits, as well as request vehicle finance letters, for use when driving across national borders.

Another update is the ability to roll-out the app into various other regions where the Standard Bank Group operates. The first four countries slated for release are Botswana, Namibia, Ghana and Uganda, with other countries across the continent to follow.

"Africa is our home; we're passionate about improving the lives of all our customers via digital. They're expecting an increasing number of services to be available on the app, and we're listening. We've created the latest features based on customers' requests, with even more to come as we expand our service offerings in the next few months," Mpako concludes.

(c) 2016 ITWeb Limited. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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