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Capitec eWallet

capitec ewallet

Capitec eWallet – Capitec Bank is among the biggest retail banks in South Africa that provides its customers with a variety of banking solutions, among these being their Cash Send eWallet service.

Many Capitec customers have always been curious about how cash send works, how to send money using the Capitec e-wallet, how to reverse money transfers by using banking app, as well as whether cash send is safe.

The Capitec eWallet is a cardless solution that allows account holders to send money to recipients with an active phone number, and don’t necessarily have to be account holders with Capitec.

This facility is similar to FNB eWallet, Nedbank Send iMali, ABSA CashSend and is one of the convenient ways you can send money to your loved ones and friends fast and securely.

Let’s have a look at the advantages of utilizing the Capitec Bank eWallet service without spending any time.

What Is Capitec eWallet?

The Capitec eWallet service is designed to be simple to use and dependable, and allows you to send cash up to R3,000 per transaction and R5,000 per day.

With the cash send service, you may transfer a maximum of R25,000 every month.

If you transmit quantities beyond R1,000, all of these come at a set rate of R16. Otherwise, everything between R40 and R1,000 would cost you only R8 – the lowest money transfer service after TymeBank.

There are no monthly fees or hidden expenses while using the Capitec Bank ewallet, you only pay a single transaction fee.

The money that is sent will be instantaneously available for withdrawal at any Capitec Bank ATM, as well as Shoprite, Checkers, Usave, Game, Makro, and Builders.

That’ll be the fee of utilizing the ewallet service – far less than making online payments to other bank accounts, right?

How to use our app to send Capitec eWallet money

1 – Click the Transact button

2 – Enter your Remote PIN and tap Send money.

3 – To send money, press the send cash button.

4 – Select the “From” account.

5 – Fill in the amount you’d like to send.

6 – Make a secret 4-digit code (this will be used to collect the cash)

7 – Click the Next button

8- Read the terms and conditions, check the boxes, and press the Accept button.

9 – To complete the transaction, click Yes.

10 – An SMS with the reference number will be sent to you; forward it to the recipient.

11 – Send the recipient the secret code in a separate mail.

How to send money with USSD

1 – Dial *120*3279# and type 9 as your reply.

2 – Accept the terms of the agreement.

3 – Respond with the number 1

4 – Select the “From” account.

5 – Fill in the amount you’d like to send.

6 – Make a secret 4-digit code (this will be used to collect the cash)

7 – Type your PIN for Mobile Banking.

Note: In order to send cash, you must first be registered for Mobile Banking.

The Capitec eWallet reference number

Your registered cellphone number will receive an SMS with the reference number for the cash sent.

Give the SMS to the person who will require the reference number to get the money.

Keep in mind that the secret code must be sent in a separate message because it will not appear in the SMS.

How much does it cost?

To send money, dial *120*3279# or use the app.

Using the app or dialing *120*3279# to send cash between R40 and R1 000 will cost you R7.50.

It will cost R15 to send funds between R1010 and R3000 using the app.

It is free to withdraw money from Capitec ATMs, Shoprite, Checkers, Usave, Game, Pick n Pay, Makro, and Builders.


Per transaction, you can send up to R1 000.

You can transfer up to R24 999 cash every month and have a daily maximum of R1000.


Per transaction, you can send up to R3 000.

You can transfer up to R24 999 cash every month and have a daily maximum of R5000.

What you’ll need to get your money

1 – The number of the reference (this is sent by SMS to the sender)

2 – The secret 4-digit code

How do you get your money?

1 – Near you, find a Capitec ATM, Shoprite, Checkers, Usave, Game, Makro, Pick n Pay, or Builders store.

2 – Tell the teller you have a cash transfer from a Capitec client when you collect at one of the partner stores.

3 – Your cashier will inquire about your reference number.

4 – You’ll be required to provide your first and last name, as well as your phone number and the secret code.

5 – The money is sent out right away once it has been confirmed.

What if you are unable to obtain your funds?

If the cash payout cannot be completed for any reason, please call our Client Care Centre at 0860 10 20 43.