Telkom announced today that its WhatsApp-Based Digital Wallet, Telkom Pay has attracted thousands of customers.
Telkom Pay was launched last December to offer customers the ability to pay others and get paid themselves using their mobile phone through the WhatsApp messaging app to anyone on their contacts list.
Sipho Maseko, the Telkom CEO, said on Monday that Telkom Pay digital wallet is progressing well with over 10, 000 subscribers.
“It’s a good foundation to grow this platform significantly.”
Telkom Pay also serves as a cashless Point of Sale (POS) payment option for businesses.
Users with WhatsApp can add Telkom Pay on the app, register and from then on, they can send and/or receive money by sharing a “Please pay me” with a contact or using a cell phone number to send them money, respectively.
The platform also allows customers to buy airtime, data and electricity. For those reluctant to carry cash on them all the time, the wallet allows for easy payments by simply scanning and paying for goods with QR codes at their favourite stores.
To continue transacting on Telkom Pay, users must top up their wallets via EFT, Nedbank ATMs or at any Pick ‘n Pay stores. One does not have to be a Telkom customer to access the platform.
Transacting through the platform only requires registration and funds in the account and customers can link any bank card to the platform. Payments can be done anytime and will reflect immediately.