Mama Money Card uses WhatsApp to offer banking services to underserved South Africans.

Mama Money Financial Services has launched a new card in South Africa that uses WhatsApp for managing finances, making banking more accessible to underserved communities. The Mama Money Card, introduced in partnership with Access Bank and Pick n Pay, allows users to purchase airtime, check balances, and send money to over 70 countries. It costs R99 upfront and has a monthly fee of R25. The card aims to help those who struggle with traditional banking services by leveraging high WhatsApp usage in the country.

November 19, 2024
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