The emerging of many banks in South Africa has made payment of different items easier such that consumers have a variety of choices regarding a bank they would like to use when performing any form of transaction.
This development has been used by various businesses as a leeway to advance means of payments that can be used by their clients across South Africa. Home Choice Loan, a government backed mortgage that provides up to 925 of the market value of a property purchased, has also opened accounts with banks such as FNB, Standard Bank and ABSA.
Home Choice Loan offers one variable interest which is currently pegged at 3.7%.
Cash payments can also be done via EFT or credit card. Accounts can be paid via cell phone at any time using KwiServe. The KwikServe payment facility is available 24/7 and makes it simple to manage your account let alone a free payment service. To register for this facility, clients should dial *120*466324#. Of paramount importance is that KwikServe is only available to South African cell phone users.