Are you using your banking app to its full capacity? Banking apps are convenient and feature endless capabilities that you may not even know existed. Financial institutions, similar to many other organizations, are investing a lot of resources into rendering contactless services. Companies are using technology to streamline operations, and banking apps are primarily to cut down the number of people at the physical bank and move to a predominantly self-service model. Also, in the COVID-19 social distancing era, using your app instead of going to the physical bank is the sensible thing to do.
We’re looking at South Africa’s top banking apps and comparing the unique specs to see which one is the most user-friendly and delivers the most convenience.
|Institution||Specs||Apple App Store Rating||Google Play Store Rating|
Resend payment notification on demand
Increase or decrease banking limits
Does no require data
Free – no subscription fees
Download stamped statements
Sync with Android Smartwatch or Apple watch
Scan and renew license disks
Built-in business locator
Trading platform to observe the markets
Allows for eBills and SARS filing
Scan to pay
Manage your cards
Pay international beneficiaries
Built-in calculator and insurance facilities
Get stamped statements
Built-in budget planner
Provides for future and recurring payments
The Standard Bank and ABSA app have the highest ratings and similar to the 1-grid app, all the institutions emphasize that they always are working to improve their mobile apps. If you aren’t familiar with your banking app, consider making an effort to get to know it; it’s cheaper to transact on the apps, plus it saves you a whole lot of time as opposed to standing in queues at the bank.