 | A major contributor to this article appears to have a close connection with its subject. (May 2022) |
| Company type | Private |
|---|---|
| Industry | Finance |
| Founded | 2004[1] |
| Headquarters | Sandton, South Africa |
Key people | Brian Richardson (Co-founder and Managing Director), Charles Rowlinson (Co-founder and Chairman) |
| Services | Financial services |
| Owner | Management IFC NACTU Private investors[2][3] |
Number of employees | >2,000[1] (2008) |
Wizzit is a provider of basic banking services for the unbanked and underbanked (people or enterprises that have no or only limited access to banking services) in South Africa. Its services are based on the use of mobile phones for accessing bank accounts and conducting transactions, in addition to a Maestro debit card that is issued to all customers upon registration. Wizzit is a branchless banking business, meaning that its services are designed so that customers can generally conduct transactions without the need to visit bank branches.
- ^ a b Changemakers. (1 October 2008). Your Bank in Your Pocket – Making Economic Citizens of all. Retrieved 2 February 2009, from http://www.changemakers.net/en-us/node/12471
- ^ International Finance Corporation [IFC]. (No date). Wizzit: Summary of Proposed Investment. Retrieved 31 January 2009, from http://www.ifc.org/ifcext/spiwebsite1.nsf/2bc34f011b50ff6e85256a550073ff1c/38d0a05adb1f65f6852572ce006ea014?opendocument
- ^ Mohan, C. P. (2007). Products, Processes, and Institutions for Financial Inclusion: Experiences from Brazil & South Africa. In College of Agricultural Banking [CAB], Financial Inclusion: The Indian Experience (CAB Calling, Vol. 31, No. 3, pp. 103–109). Pune, Maharashtra, India: Reserve Bank of India. Retrieved 30 January 2009 from http://cab.org.in/pdf/July_Sept%202007/Products_process_and_Instituttions_for_Financial_Inclusion.pdf