Send money fees on PayPulse waived

By Business Reporter

IN a bid to encourage contactless transactions, Standard Bank has decided to waive the fees charged to customers sending money to a PayPulse wallet via PayPulse.

The waiver of ‘send money’ fee has been in effect since October 1.

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Standard Bank head of digital transformation, Rejoice Itembu said the fee waiver is part of continuous efforts to encourage customers to transact digitally for the convenience and easy accessibility that comes along with it.

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Customers no longer need to carry cash, visit a branch or be physically present to send money, and it is simply a matter of making use of the digital platforms such as PayPulse that facilitate the ease of such transactions.   

Not only is the ‘send money’ fee waiver making it absolutely free for customers to send money to another or their own wallet through PayPulse, but it effortlessly enables the use of other services including paying for utilities, buying groceries, buying medication at pharmacies, purchasing airtime  and electricity and so much more.

Itembu has further encouraged customers to continue to make use of digital, contact-free channels when transacting for the convenience and for health reasons.

One can access PayPulse by downloading the App on the App Store/Google Play or by dialling *140*6626# and following the required steps.