Category Banking

FNB broadens FNB Pay ecosystem by adding support for Zapper QR Codes

23 November 2021 FNB

Offering customers added convenience and faster payments

FNB and RMB Private Bank customers can now use the Scan to Pay feature on their banking Apps for secure, contactless payments at Zapper enabled merchants across the country.

Zapper is the latest payments QR Code provider to be enabled via FNB Pay. All FNB and RMB Private Bank customers can conveniently scan QR codes from the major QR code providers in South Africa using the Scan to Pay feature on their banking App.

Raj Makanjee, FNB Retail CEO, says, “As leaders in digital innovation, we are consistently looking to provide customers with a wide selection of digital payment options through FNB Pay as secure and convenient alternatives to cash. Customers want the liberty to choose and switch between various payment options that complement their digital lifestyles. In the past 12 months alone, we have experienced a 725% growth in FNB Pay enabled digital payments volumes, with continued growth month-on-month.”

Jason Viljoen, Head of Digital Payments notes that, “For the quickest and most convenient way to access the Scan to Pay feature on the FNB and RMB Private Bank Apps, customers can easily setup a Scan to Pay widget or shortcut from their FNB and RMB Private Bank App on their device home screen.”

A step-by-step guide on how to set up this innovative Scan to Pay feature for faster QR Code payments can be found on me/ways-to-bank/digital-payment-solutions/fnb-pay

“Leveraging innovative features such as widgets and shortcuts enable our customers to fully realize the speed and convenience of digital payments” adds Viljoen.

“We remain committed to providing helpful digital payment solutions that advance convenience and safety for our customers. Over the years, we have remained at the forefront of digital innovation, while empowering customers with the power of choice. We are delighted with the rate at which our customers continue to embrace our digital payments solutions,” concludes Viljoen.

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The second draft amendments to Regulation 28 will allow retirement funds to allocate up to 45% of their assets to SA infrastructure, with a further 10% for rest of Africa; but the equity & offshore caps remain unchanged. What are your thoughts on the proposal?


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