South Africans can now bank digitally with Tyme bank as the first ever bank in the country with such kind of operation.
Signing up to the bank is a simple process that requires no documents, and carries no charge.
To open an account, you need a South African ID number and a South African cellphone number, which the bank verifies through several questions and a One-Time PIN (OTP).
Tyme Bank currently has a limited physical presence via its kiosks but plans to roll out more as it approaches full launch in the coming year.
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