Monthly archive February, 2011

February 2, 2010 :- Cellphone banking has surged in the past year, as South African consumers gain confidence in their handheld devices as a tool for both communications and efficiency. Among urban cellphone users, 44% now use cellphone banking services, compared to 27% a year earlier, according to the Mobility 2011 research project conducted by World Wide Worx and backed by First National Bank. In smaller centres and towns, 27% now use cellphone banking, suggesting that rural areas lag urban users by about a year in take-up of these services. In total, 37% of South Africans in urban and rural areas Read More →