New user registration have been temporarily suspended due to bad bots attacking the site. Till further notice. Please use the feedback feature for follow ups.

Standard Bank's Cardless money transfer - Instant Money

in Standard Bank
by (Genius) (10.4m points)
0 votes

1 Answer

by (Genius) (10.4m points)
edited by
0 votes
Best answer

Like with FNB's eWallet, ABSA's CashSend and Capitec's Shoprite & Checkers' Money market, you can make cardless transfers with Standard Bank. Go here for guide on sending the instant money via the Cellphone Banking service or follow the steps below to use the Internet Banking service. You may also be interested on How to cancel an Instant Money transaction – Standard Bank

  1. Login to your Internet banking online account
  2. Place your cursor on Payments but do not click - a Menu pops up
  3. Hover to 'Instant Money' and click
  4. Select 'Start a new instant money transaction' and hit Next
  5. Select account to pay from if you have more than one - enter the receipient's cell number - enter any random 4 digit PIN you will remember and click Next
  6. Enter the one time PIN sent to your cellphone - click Next
  7. Confirm that the information you have entered is correct
  8. Click Send to complete the transaction (or cancel/back if...)
  9. You should get an Instant Money successful message - the service cost/fee is R10 like with the Capitec powered Shoprite & Checkers money market.

Give the pin to the recepient - the receipient will also receive an SMS with a voucher number to their cellphone. The recepient can then withdraw the funds either at a Standard Bank ATM or at a SPAR branch.

asked May 2, 2016 in Other by Zee
edited May 3, 2016 by
how many confirmation messages are sent to the receivor
how long is a cardless payment valid for standard bank

Related questions

SA Tech Help Q2A, where you can ask any question and receive answers from other members of the community'. SA Tech Help Q&A was created to be a free resource linking people with tech questions to experts who could provide answers. Since our launch in 2014, we have grown from a simple Q&A web site to providing additional help such as loans,roms, pricing information and more. All is completely free of charge. ... Do also NOTE that this website is a third party not directly affiliated with any company for which we offer support. If you not satisfied with the provided answer to your question' please use the reply/comment button below the answer section to request further assistance' You might want to add more info to support your question if necessary.