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Telkom has launched Telkom Pay, which is your digital wallet service that runs through WhatsApp.
Telkom Pay allows customers to send money to anyone who has a cell phone number and can be accessed without any other applications or software.
“We are launching financial services solutions that are tailored to everyone and that are easily accessible over the phone, 24 hours a day, 7 days a week, at an affordable price for consumers and businesses,” said the Telkom financial services manager executive, Sibusiso Ngwenya.
To use the service, users simply have to add Telkom Pay on WhatsApp using 068 483 5566.
They can then send a message to this contact and follow the instructions to enable Telkom Pay.
Once registered, users can pay other South Africans using their cell phone number, or they can request payment by sending a “Please pay” to other users.
QR code payments are also supported, and Telkom said customers will be able to pay their airtime, data and electricity bills using the service.
Users can add funds to their Telkom Pay digital wallet via EFT, Nedbank ATM, or at a Pick n Pay store, while withdrawals are possible from Nedbank and Pick n Pay ATMs.
The company also said that users of all mobile networks can use the platform, they do not need to be subscribed to Telkom.
Telkom Pay complies with the latest security standards and each registered user must verify their account and identification number.
“Your information is private: Telkom Pay is fully compliant with data protection,” the company said.
Read: Huawei to launch its mobile payment service in South Africa
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