Mxit has partnered with Standard Bank to provide real money transactions for Mxit’s active South African users through Mxit Money.
Mxit users can send money to each other for free, as well as to anyone with a cell phone for a nominal fee. They can deposit and withdraw cash, buy Mxit Moola, airtime and electricity using money from their Instant Money account via Mxit Money. Mxit has 10 million active users in South Africa
Source BizTechAfrica
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