JOHANNESBURG: FIRST National Bank has reported an overwhelming uptake of its Mobile Virtual Network Operator service. The bank, one of the biggest in South Africa, said it had more than 100 000 active subscriber identity module (SIM) cards since the introduction of the service in June. “The take up of the service has been nothing short of extraordinary,” said Shadrack Palmer, Chief Commercial Officer of FNB Connect.
FNB is the first bank in South Africa to launch a Mobile Virtual Network Operator. The bank announced it had been recognised for being the “Most Innovative MVNO” in the Telecoms.com Awards recently held in London, United Kingdom. “We are extremely proud of this achievement, and it is a testament to our culture of innovation and commitment to providing the best products and services to our customers,” said Palmer. In addition, FNB picked up another two notable awards in the recently-held AfricaCom awards ceremony in Cape Town.
“It’s really humbling to see the global recognition we are receiving in less than 6 months of launch,” said Palmer. The MVNO offering is part of FNB Connect, which officials reported a positive response to. “We are very excited with the growth of FNB Connect and very pleased that customers are seeing the value in the transparency, control, flexibility and rewards associated with the product,” said Palmer.
SOURCE: CAJ NEWS AGENCY