for subscribers

It's digital banking gone crazy as banks join e-commerce - but why?

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
0:00
play article
Subscribers can listen to this article
Nedbank's Avo App is more of an online store than a bank App.
Photo: Supplied by Nedbank
Nedbank's Avo App is more of an online store than a bank App. Photo: Supplied by Nedbank

Banks are using their apps and other digital platforms to win customers over in the fast-paced world that has been accelerated by new digital entrants, but recent trends suggest they are also working on getting a bigger share of their customers' wallets with their new value-added service.

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
15.43
(-0.04)
ZAR/GBP
20.52
(-0.02)
ZAR/EUR
18.25
(+0.28)
ZAR/AUD
11.23
(+0.47)
ZAR/JPY
0.15
(+0.50)
Gold
1837.00
(-1.81)
Silver
23.53
(-2.61)
Platinum
921.00
(-2.28)
Brent Crude
45.19
(0.00)
Palladium
2338.48
(+1.19)
All Share
57147.31
(+0.94)
Top 40
52478.55
(+1.08)
Financial 15
11337.90
(+0.62)
Industrial 25
79917.53
(+1.49)
Resource 10
51771.17
(+0.65)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, and I've gotten it.
22% - 308 votes
No, I did not.
51% - 731 votes
My landlord refused
27% - 393 votes
Vote