Wizzit.co.za - mobile banking for South Africa
Got an anonymous text in from D suggesting I take a look at wizzit.co.za — a rather funky service.
D commented:
Love this idea of being able to do all your transactions over the phone when you are living in a remote village somwhere in Africa. Could this, or does this work here already?
To answer your question, D, I would imagine that you’d need the correct financial accounting in place (a banking license and whatnot) together with some spiffy techonology to do something like that here — on the basis that ‘here’ is the UK.
Having a nose around the Wizzit site, I’m impressed.
If you fancy reading a little more about them, check out this recent feature on them, byline:
Cellphone banking could transform financial services in SA and the rest of the developing world.
