Absa takes payments shot with Sling Pay
South Africa-based Absa Bank has unleashed its new Sling Pay app that allows users to send money, data and airtime.
To send money, users (or “Slingsters”) need the cellphone number of the recipient – and so removing the need to remember account numbers, branch codes or account types. The bank says Sling also remembers all payments to speed up the process in the future.
The app allows people to send cash to any Absa ATM countrywide and then withdraw it without a card. It provides a one-time PIN and a security code that will work for just that withdrawal.
When it comes to prepaid data, airtime or electricity, Sling Pay lets users buy such things for themselves or send to other people.
Absa doesn’t offer specifics or timelines but it will be adding other features and functions “over time”. The app works with Android or Apple.
This version of Sling Pay is currently limited to sending only to Absa account holders. Users don’t need to have an Absa account. When they download and register Sling Pay, they will be able to create a Sling Pay account that will allow them to start sending and receiving.