eWallet is a Cell phone banking product that allows you to send money to anyone with a valid SA cell number. The money is transferred instantly and can be used to buy prepaid airtime, send money to another cellphone and more.
How it works? You send money to someone by following the simple procedure on your cell phone; the recipient gets an SMS notifying them that you have sent them money. The money will be stored in an eWallet. The recipient goes to a FNB ATM and using their secret 5 digit PIN withdraws the money.