Most people keep asking how Absa ewallet work in South Africa. In this guide, we will show you exactly that.
This is a money-to-mobile facility that enables simple banking and is cost-effective.
You can actually transfer money from your account to anyone with a working mobile number in South Africa.
How Does Absa Ewallet Work
We will show you exactly how the program works.
You can send money anytime and anywhere to someone with a valid phone number.
There is no waiting period meaning that cash can be withdrawn immediately after you have received it.
You can only send quick cash and not a large lump sum of money because the more you spend, the higher the charges.
The maximum amount you can transfer is R3,000.
You are charged R8.00 for every R1,000 you send through the e-wallet.
Absa ewallet payment is valid for thirty (30) days, and when payment expires, the money is allocated back into your account.
This is generally how Absa ewallet works in South Africa.
Now that you know how the system works, we will show you how to send money through Absa ewallet in south Africa.
How Sending Money With Absa Ewallet Work In South Africa
Please follow the basic steps below to send money:
- To send money, Logon to Absa Online Banking and select Payments.
- Next, choose Pay and then CashSend payment.
- Next, select the Absa account to send money from.
- After that, enter the amount to send up to R3,000.00.
- Next, enter a cell phone number to send the money to.
- Next, create a six-digit pin and confirm the payment.
- After that, ensure you send the access code or PIN to the recipient.
The recipient will receive a confirmation SMS and instantly access the money.
This is how you send money with Absa ewallet.
We will now show you how to withdraw money obtained through the Absa ewallet.
How To Withdraw Money With Ewallet
Follow the basic steps below to withdraw cash from an Absa ATM:
- First, insert your master card and select CashSend, and then withdrawal
- Next, enter the 10-digit reference number that has been sent to your cell phone.
- Next, enter the six-digit pin code provided by the person who sent the money.
- The full amount will be issued to you once the transaction has been verified.
. You can also withdraw cash at any PEP, PEP home, PEP cell, or any Pep multiple cash-out partners.
Carry with you your South African ID Book or card when going to withdraw money.
This is how you withdraw funds from Absa ewallet in South Africa.
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