What is Capitec Cell Phone Banking?
Capitec Cell Phone Banking is a mobile banking service that allows Capitec Bank customers to access their accounts, pay bills, transfer money, and perform a range of other banking transactions through their mobile phones.
How do I register for Capitec Cell Phone Banking?
To register for Capitec Cell Phone Banking, you will need to do the following:
1. Dial *120*3279# on your mobile phone.
2. Select “Registration” from the menu options.
3. Follow the prompts to enter your South African ID number, your Capitec account number, and your mobile phone number.
What is required to register for Capitec Cell Phone Banking?
To register for Capitec Cell Phone Banking, you will need the following:
1. A South African ID number.
2. A Capitec Bank account number.
3. A mobile phone number that is registered with Capitec Bank.
What happens after I register for Capitec Cell Phone Banking?
After you register for Capitec Cell Phone Banking, you will receive an SMS with your temporary PIN. You will need to change your PIN to a 5-digit number of your choice by dialing *120*3279# and selecting “Change PIN” from the menu options. You can then start using the service to perform banking transactions.
Q: What kind of banking transactions can I perform with Capitec Cell Phone Banking?
With Capitec Cell Phone Banking, you can perform a range of banking transactions, including:
1. Checking your account balances.
2. Transferring money between your Capitec accounts.
3. Transferring money to other Capitec accounts or to accounts at other banks.
4. Paying bills.
5. Buying prepaid airtime and electricity.
6. Applying for loans and overdrafts.
Is there a limit to the amount of money I can transfer using Capitec Cell Phone Banking?
Yes, there are daily and monthly limits for transfers performed through Capitec Cell Phone Banking. The limits vary depending on the type of transaction and your account type.
Is Capitec Cell Phone Banking safe?
Capitec Cell Phone Banking is designed to be secure, with measures in place to protect your personal and financial information. These include:
1. Two-factor authentication for logins and transactions.
2. The use of one-time passwords (OTPs) for certain transactions.
3. The requirement to enter your PIN for all transactions.
4. The use of SSL encryption to protect data transmitted over the internet.
However, it is important to take precautions to protect your mobile phone and login credentials, such as keeping your phone locked with a password and not sharing your PIN or OTPs with anyone.
In conclusion, registering for Capitec Cell Phone Banking is a quick and easy process that can be done by following the outlined procedure. Once registered, you can access many banking transactions from the comfort of your mobile phone, provided you observe the set transaction limits and adhere to security protocols.
