A NEW generation of banking service has been ushered in by FNB’s eWallet – a facility that enables the bank’s customers to send money to any South African resident with a cellphone, anywhere in the country, instantly.

Since the eWallet was launched in November last year, the facility has seen a 240percent growth in users and a record transaction rate of more than R1million a day, indicating that it offers greater ease of use and peace of mind over physical methods of cash transfer.