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Facebook debit cards for SA

Aug 22 2012 15:30

Cape Town - The world's first Facebook branded Visa debit card is set to be launched in South Africa, a report says.

The card is made by the creators of social network banking application, ZunguZ.

ZunguZ is an application that enables users to connect their online banking details to Facebook to transfer money by simply clicking on the recipient's image, ITWeb Africa reported.

To send money using the card, users would have to enter their bank details and to receive money recipients would need to signup to the application.

It is hoped that the branded card will boost Visa's market share in SA.

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