Capitec Bank offers a range of cardless services, this makes it easier to do transaction in the digital era. Does Capitec have a cardless withdrawal services and how do we use it.
Capitec Bank does not have a cardless withdrawal service similar to one you would normally find on banks like ABSA. There is currently no way to withdraw your money from an ATM without your card. However, you don’t need a card to deposit money into an ATM, all you need is the account number.
Capitec cardless services
Banks have made it easier to withdraw money without having a card, this is commonly known as an ewallet. The sender just deposits money into the bank and anyone with a PIN and the digit number that is given upon deposit can go withdraw it.
This is very convenient, it’s offered by banks like FNB and ABSA, Capitec Bank doesn’t offer these services currently. However, it offers a lot of other online services that are offered by other banks. The Capitec virtual card is one of these great services.
It’s a card that is completely digital, with its own account details and CVV number, you can use it to do online shopping or make digital payments. You also don’t need to go to a Capitec branch or ATM in order to get your bank statement; you can get it right from your Capitec App.
Conclusion
Although Capitec doesn’t offer a cardless withdrawal service, they have a lot to offer in terms of digital banking. Do you have any thoughts or questions? Comment below.
