In a quest to constantly find innovative solutions to make banking easier and safer for its customers, Standard Bank introduced its BlueWallet last year.
The BlueWallet has proved to be a resounding success, bringing banking to the fingertips of the banks customers, as such customers are urged to make use of the virtual wallet this festive season to skip the queues in the bank and transact effortlessly.
“Living in this fast paced modern lifestyles requires our Banking solutions to be able to keep up with us and we have come to note that electronic banking is the most convenient, safe and easy way to do your banking. As the festive season approaches we know that we will need to be on high alert as criminals try to take advantage of the hustle and bustle; As opposed to carrying large sums of cash in your purse or wallet which makes you prone to the likelihood of being pick pocketed or becoming a victim of crime we are urging you all to make use of our Blue Wallet,” Standard Bank’s Manager Continuous Improvement, Stephen Bezuidenhoudt said this week.
Standard Bank’s BlueWallet is a virtual account that allows customers to securely store, spend and save funds via their mobile phones. A customer can securely save funds, send money to anyone with a Namibian mobile number, easily transfer funds from a Standard Bank account and even pay their employees through the use of a Company Wallet.
Your BlueWallet is secured with a PIN that you select yourself during registration and can be changed at any time, should you feel the need to do so. By using the BlueVoucher option on your BlueWallet you can take cash from any Standard Bank ATM, country wide.
“The BlueWallet allows you to pay for goods at selected retailers like Pick ‘n Pay, Checkers, Shoprite, U-save and Woermann Brock through the Wi-Code option. You can also buy prepaid airtime, pay your DTSV account or top-up your Box Office account, buy prepaid electricity,” he explained.
The Company Wallet is convenient for employers who wish to make payments to their employees, especially those who are unbanked or do not have any access to bank accounts.
“The Company Wallet allows you to do bulk payments like for instance to pay wages or send gift wallets. This is a very ideal way of banking especially for an entrepreneur or company who opts to pay their employees conveniently through bulk file uploads and it is a secure way of banking,” Bezuidenhoudt stressed.
BlueWallet is normally available on two platforms on either USSD where the customer simply uses their mobile phone or online through the web. To issue a Blue voucher one only gets charged a minimal fee of N$5.00 per voucher under N$500 and N$9.00 per voucher over N$500; Money transfers are N$2.50; Wi-Code is charged at N$2.50 and Value Added Services (VAS) payments are charged at N$3.50. Airtime and Electricity purchases are free of charge.