FNB and Optasia launch cash and airtime advances
Many eWallet users who qualify for loans access the service through WhatsApp.
FNB and Optasia have launched cash and airtime advance services for eWallet users, with eligibility-based lending delivered via WhatsApp. The move expands access to short-term credit through a low-friction digital channel, potentially increasing loan uptake among underbanked users while raising consumer-protection and credit-risk considerations for the bank.
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