World Bank - WIZZIT: Banking the Unbanked in South Africa
In many developing countries, particularly in rural areas, access to financial services is costly and very limited. This translates to a large percentage of the population operating on a cash basis
only and outside of the formal banking system.
It is estimated that 40 percent of South Africa's 45 million population are un-banked or under-banked. However, nearly 60 percent of South Africans have mobile phones. The proliferation of mobile services worldwide has created a unique opportunity to provide social and financial services over the mobile network.
WIZZIT, a client of the IFC, is one such 'virtual bank' in South Africa that is challenging the branch legacy that is associated with traditional banks, in order to bank the un-banked.
Through its investment in WIZZIT, IFC is supporting an ICT-enabled innovative solution with tremendous development impact.
Unique challenges of South African banking system
The South African banking system is highly competitive, while trying to meet the needs of the un-banked, under-banked and low income earners.
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How to Receive Verification Codes Overseas (Like Bank SMS Texts)
Cheap US plan to receive SMS codes abroad:
1️⃣ Click on ‘Explore custom plans’ to find cheap texting only option (sometimes it's under the Not Data Hungry? section)
2️⃣ Use code DZLMPFK for extra discount (limited number available)
3️⃣ Use their help chat to help you set up your line and wifi calling
Holafly travel eSIM (discount link):
Airalo travel eSIM (use code MITCH9827 for free credits):
If you’re wondering how to receive SMS messages and bank verification codes while traveling, try this.
I’ve searched long and hard for ways to get bank codes abroad CONSISTENTLY without having to worry about getting locked out of my account, and this is the best solution I’ve found.
From my testing, receiving SMS codes while traveling has worked with both US phone lines as well as international lines.
Hope it helps!
UPDATE: Be very careful about doing software updates on your phone. When I did this on my iPhone, something automatically reset in my settings, which caused it to stop working. Depending on your home provider, this may not be fixable from abroad.
#traveltips #travelhacks #digitalnomad
???? M O R E C O O L V I D E O S ???? :
▶ Holafly Review - Best travel eSIM solution? (Thoughts after testing in 3 countries):
▶ Airalo Review - Best travel eSIM? (tested in 4 countries):
▶ What to Pack for a Long Flight (if You're Smart):
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???? LINKS + COOL STUFF:
▶ My fav new travel hacking credit card:
▶ [FREE DOWNLOAD]: 100+ WAYS TO MAKE MONEY TRAVELING:
▶ [FREE COURSE] Earn Your First $1K Freelance Writing:
▶ [ULTIMATE BLUEPRINT] How to Become a Digital Nomad for Beginners:
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???? T O P R E C O M M E N D A T I O N S :
→ NEWSLETTER THAT SENDS OUT CRAZY CHEAP FLIGHT DEALS:
→ MY FAV CREDIT CARD FOR TRAVEL REWARDS:
→ BEST TRAVEL PLANNING RESOURCES: Here’s everything you need to plan your trip—from cheap flights, to accommodation, to packing lists, and more:
→ FREE ACCOMMODATION: Stay for free in awesome houses around the world by agreeing to look after the owner’s pets:
→ CHEAP TRAVEL INSURANCE: My new favorite travel insurance that saved me over $15,000 after a motorcycle accident in Thailand (if you're currently traveling without insurance, get yourself protected ASAP):
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▶ WANT TO FOLLOW OUR JOURNEY AND LEARN WHAT LIFE IS REALLY LIKE TRAVELING FULL TIME AND WORKING ONLINE?
Hit the SUBSCRIBE button and the notification bell on this page so you don’t miss any new Project Untethered videos (This really helps us a lot, so thanks in advance! ????):
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???? A L I T T L E A B O U T U S
Heyo! Mitch and Day here ????????
We’re just your typical American-Colombian couple determined to live every second of our precious time here on earth to the fullest. After a 10-month solo backpacking trip through South America, I (Mitch) stopped in Cali, Colombia to take salsa dancing classes ????????. I only planned to stay for a couple weeks, but God had other plans for me. I met a cute Colombian girl (Day) in class, those couple weeks turned into a couple years, and before we knew it...we were married ????????????????
Now we’re traveling the world full time as digital nomads, supporting ourselves by working online ????????????????
Our goal with these videos is to inspire you to step outside your comfort zone, give you an inside peek at our crazy imperfect lives, and show you that you don’t have to be rich to live an extraordinary life...all you need to do is make the choice!
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⚠️ DISCLAIMER ⚠️: Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission (at no additional charge to you!). I believe in and have experience with everything I recommend. Thank you for your support!
Foreigners Can Pay Like Indians Now! India's Amazing UPI
Did you know you don't have to use cash or credit cards when you travel to India? Now foreign tourists can load foreign currency into a digital wallet when they arrive at the airport. This technology is called UPI (Unified Payment Interface) and is India's impressive instant real-time payment system.
Unified Payments Interface (UPI) is a real-time payment system developed by the National Payments Corporation of India (NPCI) that facilitates inter-bank transactions. It allows users to transfer money from one bank account to another instantly and securely, without the need for the recipient's bank details like account number or IFSC code.
With UPI, users can make payments using their mobile phones, without the need for cash, credit/debit cards or net banking. UPI transactions can be initiated and completed using mobile apps provided by banks or third-party payment service providers.
UPI has become a popular mode of payment in India since its launch in 2016 and is now widely used for a variety of transactions, including peer-to-peer payments, bill payments, mobile recharges, and online shopping. The success of UPI has helped promote digital payments and financial inclusion in the country.
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3) WANT TO TRAVEL TO INDIA?
Read my quick-start safety guide at
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Learn Hindi Faster Than I Did! is free at
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#upi #india #travel #indian #payments #creditcards #credit #digitalwallets #wallets #traveltips
The benefits of M Pesa and mobile banking in Africa
Africa's Payments, Banking and Retail Show - Promotional video
Africa's Payments, Banking and Retail Show is about tapping into opportunities that lie in Africa's growing payments, banking and retail sector.
This event brings together Africa's retail and commercial banks, with central banks, retailers and all stakeholders in Africa's card market.
Africa's payments, banking and retail show 2013 was the year that Africa's banks, telcos and merchants joined Africa's payments, banking and retail show. The event saw:
• Over 1200 visitors!
• 13th annual event
• 50+ exhibitors
• Over 40 free seminars
• 3 shows in 1!
Digital Banking in Africa | Panel Discussion 1 | 12th Edition - BFSI IT Summit: Africa | Virtual
Watch the full video with our expert panelists discussing on ???????????????????????????? ???????????????????????????? ???????? ???????????????????????? at the ???????????????? ???????????????????????????? ???????? ???????????? ???????????????? ???????? ????????????????????????: ???????????????????????? which took place on 19th November, 2021.
Joined by:
Emmanuel Morka - Access Bank (Ghana) Plc.
Samuel Kahura Wachira - CIC Insurance
Dr.Konstantin Tsanis - International Finance Corporation
K.V Dipu - Bajaj Allianze Genral Insurance Company
Re-imagining Africa's Banking and Finance Sector: Culture, Strategy and Innovation
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#Paneldiscussion #DigitalBankinginAfrica #BFSIITSummitAfrica
Experts Explain Workings Of Technology Behind Mobile Banking Apps
Opening a Bank Account in Ghana (Banking in Africa) –PLUS Why We Don’t Bank in Ghana
If you’re planning on moving to Ghana, banking abroad and getting money in Africa will become a major concern. In this video we are talking about the process of opening a bank account in Ghana, where you may want to bank, and some things you’ll need to get started banking in Africa PLUS why we don’t bank in Ghana.
In this episode we refer to the following goods or services that have helped us transition smoothly:
????Google Fi ( we use this to make and receive international calls while abroad. SAVE $20 with our code!
????World Remit ( We momo money to our Ghana phone accounts from our US bank accounts. Quick, easy, and reliable.
????Capital One Credit Card ( We have a Quicksilver and Savor, both have no international transaction fees.
????Surfshark VPN ( This lets us access accounts that may otherwise be blocked because you’re ISP is in Africa.
Included in this video:
-Top banks in Ghana
-What you need to open an account at a Ghana bank.
-Extra rules for expats at Africa banks
-Banking tips
-Why we don’t bank in Ghana
????????Follow our black family blog channel as we relocate from Texas to Ghana in 2020. We go beyond the return and talk about what it's like as a black family living abroad. We’ll share with you all the ins and outs of expat life with weekly check ins and monthly live events. Join this diaspora vlog and hear about Ghana living and moving overseas with your family by subscribing now. Then comment below- what do you want to know about us or about living in Ghana?
__________________________________________________________________
???? RESOURCE LIST ????
???? EMPOWER
- If you are still SAVING UP for your move, then the EMPOWER app is a MUST! It will help you keep track of expenses and start building a nest egg. They also have a ton of services too!
????️ LIVING DNA
As far as DNA, Living DNA is super affordable (and they have regular sales) plus they offer the most detailed information for African heritage, including a breakdown of 72 distinct regions! We hope you are from West Africa!
???? WORLD REMIT
- Be sure to download and sign up with WORLD REMIT so you can transfer money to yourself when you get to GHANA (also works for mobile money)!
???? SURF SHARK VPN
- We use Surf Shark to get American TV and access websites that we need for work but are blocked because of the African ISP address. If you need internet access to certain sites or just like your Netflix, believe me, this is worth every penny. Use our link and get 30 days FREE!
???? NOOKED STREETWEAR
- Love Tony’s Shirts? We love Nooked Streetwear. Ghana shirts for Ghana Lovers!
???? GOOGLE FI
- We use Google phone services when we travel internationally. It keeps our US phone number working and lets us stay in touch with friends, work and family.
MOVING ESSENTIALS
Plug Adaptor:
Pocket Charger:
Microfiber Towels:
__________________________________________________________________
Be sure to check out our closed Facebook Group (for anyone moving to Ghana specifically):
Find our Ghana Vlog on social media by following us here:
☑️ INSTAGRAM: @ExpatLifeGhana
☑️ FACEBOOK:
☑️ WEBSITE:
__________________________________________________________________
*Our description may include referral codes/links that allow us to earn points or credit that can be redeemed for products and/or subscriptions. When you use our referral code/link, you are helping to support us! Thank you for your support!*
Sending Money Internationally (Banking from Abroad) How to Get Money in Ghana
We have a question that comes up over and over when we talk about visiting and moving to Ghana.
'How do you get your money over here?'
There are three major ways to lay hands on your cash from Ghana... watch this video to find out more!
Sendwave Link:
Use the code: OBOC9
Credit Card with No International Fees:
Banking Video:
SIM Card Video:
???????? Follow our black family blog channel as we relocate from Texas to Ghana in 2020. We go beyond the return and talk about what it's like as a black family living abroad. We’ll share with you all the ins and outs of expat life with weekly check ins and monthly live events. Join this diaspora vlog and hear about Ghana living and moving overseas with your family by subscribing now. Then comment below- what do you want to know about us or about living in Ghana?
__________________________________________________________________
???? RESOURCE LIST ????
???? SEND WAVE
This is by far the easiest way we’ve found to move money from our US accounts and into our pockets. With the MoMo system in Ghana, it’s easy to send people payments with Wave or send yourself cash! Use the referral code: OBOC9 and get a $5 credit when you complete your first transaction.
???? SURF SHARK VPN
- We use Surf Shark to get American TV and access websites that we need for work but are blocked because of the African ISP address. If you need internet access to certain sites or just like your Netflix, believe me, this is worth every penny. Use our link and get 30 days FREE!
???? NOOKED STREETWEAR
- Love Tony’s Shirts? We love Nooked Streetwear. Ghana shirts for Ghana Lovers!
???? GOOGLE FI
- We use Google phone services when we travel internationally. It keeps our US phone number working and lets us stay in touch with friends, work and family.
????️ LIVING DNA
As far as DNA, Living DNA is super affordable (and they have regular sales) plus they offer the most detailed information for African heritage, including a breakdown of 72 distinct regions! We hope you are from West Africa!
MOVING ESSENTIALS
Plug Adaptor:
Pocket Charger:
Microfiber Towels:
or check out our full PACKING LIST at
__________________________________________________________________
Be sure to check out our closed Facebook Group (for anyone moving to Ghana specifically):
Find our Ghana Vlog on social media by following us here:
☑️ INSTAGRAM: @ExpatLifeGhana
☑️ FACEBOOK:
☑️ WEBSITE:
__________________________________________________________________
*Our description may include referral codes/links that allow us to earn points or credit that can be redeemed for products and/or subscriptions. When you use our referral code/link, you are helping to support us! Thank you for your support!*
UBA mobile App
Would you like to win N50,000 every week? It's super easy. Simply download and perform transactions daily. Valid till 31st January 2019 #AfricasGlobalBank
WhatsApp Banking in Kenya - The Demo
Waya Waya demonstrated their WhatsApp Banking Service to BitcoinKE show exactly how the service works.
Learn more about WhatsApp Banking on
Africa’s booming mobile opportunity
Africa remains very much the land of opportunity for telco operators, particularly in terms of mobile. Just look at the booming mobile payments space…
FIND OUT MORE
Sahil Arya | Gulf African Bank | Session at WFIS 2022- Africa
Sahil Arya talks about Innovation and Islamic Banking: A New Approach with Digital Money and Mobile Banking for Financial Inclusion at World Financial Innovation Series 2022 – Africa.
#WFISAfrica #WFIS2022 #WFISKenya #bankingtechnology #bankingtech #bankinginnovation #banking #digitalbanking #neobanks #conference2022 #africabusiness #automation #insurtech #insurancenews #bankingtechevent #nairobikenya #KICC #tradepass
KBA CEO CHAT Mobile Banking Innovations
KBA CEO CHAT Mobile Banking Innovations
Future of African Banking: Building a digital-first Bank
Part of its Future of African Banking series, the Building a Digital-First Bank will present attendees an insightful conversation hosted by African Banker's Group Publisher Omar Ben Yedder with Terence Sibiya, Group Managing Executive of Nedbank, and Jouk Pleiter, CEO of Backbase.
The discussion will last 30 minutes and will demystify the key elements to a successful digital transformation strategy. In addition, participants will receive a free copy of the Africa Digital Banking Transformation Report, which outlines best practices in digital transformation strategies and nurturing a culture of innovation.
Convenience at your fingertips! The Al Baraka Mobile Banking App launching soon.
We are migrating to Mobile | Rhino Africa
We've launched our mobile site to make it easier for you to find us on the go. Rhino Africa in a nutshell, Diet Rhino Africa, Rhino Africa Lite, Mini-Rhino Africa...
We've summarised our most popular destinations and tours and made it easier for you to contact us. Of course there is no substitute for our full site where you'll find a whole continent's worth of information and HD videos to help you plan your ultimate African holiday. Our expert consultants are here to offer you free, no-obligation advice, so contact us today and let's get planning!
Learn more about Rhino Africa:
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Seize the moment with your #UBACards
Although, your plans may not always go as you want, your #UBACard has got you covered!
#AfricasGlobalBank
INTERNET BANKING , SELF-SERVICE
Do it yourself, report and manage accounts