{"id":232248,"date":"2021-06-23T10:24:31","date_gmt":"2021-06-23T09:24:31","guid":{"rendered":"https:\/\/buzzsouthafrica.com\/?p=232248"},"modified":"2021-10-25T13:04:53","modified_gmt":"2021-10-25T12:04:53","slug":"how-does-ewallet-work-pin-and-code-numbers-to-use","status":"publish","type":"post","link":"https:\/\/buzzsouthafrica.com\/how-does-ewallet-work-pin-and-code-numbers-to-use\/","title":{"rendered":"How Does eWallet Work and Do You Need PIN or Code Numbers?"},"content":{"rendered":"

An eWallet is a digital wallet that allows users to make transactions online with a smartphone or computer. South African eWallet services, provided by First National Bank (FNB), are one of the most convenient methods to send and receive money without the use of a debit or credit card. With their eWallet, you only need your eWallet PIN and some codes to access your funds.<\/p>\n

Initially, sending cash through eWallet was only possible for FNB customers while non-customers could only receive, but currently, FNB has made it possible for everyone to send and receive money using eWallet. Unlike other international eWallets like PayPal which is not limited to just one country, FNB eWallet is only available to those who have an active South African mobile number.<\/p>\n

How Does eWallet Work?<\/strong><\/h2>\n

eWallet is a digital wallet service that allows South Africans who have a valid and active South African mobile number from any network to send and receive money online. The money transferred to the recipient’s eWallet can be used to pay electricity bills, buy airtime, or withdrawn as cash.<\/p>\n

Money can be sent via eWallet by using several methods like the FNB app, online banking, FNB ATM, and cellphone banking<\/a>. The transaction is instant, and the recipient can receive the money almost immediately.<\/p>\n

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After a successful transaction, the recipient whose mobile number was provided by the sender receives an SMS notifying him\/her of the money they just received. Depending on the preference of the sender, the recipient may or may not receive a message that contains the Withdrawal PIN.<\/p>\n

If your notification SMS does not contain the Withdrawal PIN, you can as well request the PIN by dialing *120*277#<\/strong> and following the prompts. The time at which you request a Withdrawal PIN will depend on the method of withdrawal. Those who wish to withdraw using ATM should keep in mind that the ATM Withdrawal PIN is valid for 16 hours and those who wish to withdraw at any FNB retail store should also know that the OTP has a duration of 30 minutes.<\/p>\n

How To Register For FNB eWallet<\/strong><\/h2>\n

If you are already an FNB customer, there is no special registration process to undergo to start sending money via eWallet. As a customer, you already have access to FNB Send Money which allows you to send money using your debit card, eWallet or other FNB Send Money methods. To register<\/a> for cellphone banking as an FNB customer, all you need to do is dial *130*321#<\/strong> on your mobile phone.<\/p>\n

For non-FNB customers, the narrative is not the same. To make eWallet Send Money available to non-FNB customers, First National Bank partnered with PEP. To register for eWallet as a non-FNB customer, you will have to visit any PEP store to register<\/a>. The registration process requires that you go with a valid South African ID that has a back code.<\/p>\n

Once you send money from a PEP store using your ID, you automatically create an eWallet with which the recipient can get a notification and withdraw money. To activate your eWallet as a non-customer, dial 120*277#<\/strong>.<\/p>\n

How To Link Your eWallet To Your Account<\/strong><\/h2>\n

Only FNB customers can link their eWallet to their accounts<\/a>. The process requires that you have the FNB mobile app, internet connection, and of course an eWallet. The process is pretty easy, and here is how to go about it:<\/p>\n

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