Social Network Banking

The growth in popularity of social networking sites in recent years is unprecedented, and utilising these sites beyond their social networking capability has steadily become standard practice. To keep up with competitors, financial institutions must ensure they have a substantial visible presence in all emerging payment channels.

TranzAxis Social Network Banking is a cutting edge new solution allowing customers to make payments using social networking sites. From paying for mobile services to paying utility bills, transactions can be made over the web instantaneously. TranzAxis Social Network Banking is not just another method of accessing Internet banking, but a secure way of making peer-2-peer transactions without having to enter your bank details. This solution provides a convenient way for your customers to make payments to people in their own social network from standard money transferrals to sponsoring their friends to partake in charity events or even donating money to charity directly.