South Africa’s Standard Bank became the third bank in the country to release a mobile app for banking transactions and, in the first week, it managed to garner almost 15 000 downloads.
The mobile banking app, called ‘Standard Bank Mobile Banking’, is available on Android, BlackBerry and iOS, but Apple’s iOS devices proved to be the most popular with Standard Bank’s clients.
The app was downloaded 8 148 times on iOS, while Android users made up 3 869 of the downloads and BlackBerry was trailing behind with only 2 862 downloads.
The numbers of actual registrations are a bit different, as only 9 185 users registered their accounts on their chosen device. Apple users were once again the most active, with over 5 500 registrations, while only 2 529 Android users registered.
First National Bank was the first South African bank to release a mobile banking app. CEO Michael Jordaan recently said that they have seen over R4 billion in transactions on the app from over 200 000 transacting users.
While the app is free to download for any user of Android, BlackBerry and iOS, Standard Bank said that “there are transaction fees on certain transactions.”
Users seem to be impressed with the latest release. As JF Tradesman wrote “Really easy to use, fast and responsive. Looking forward to more functionality being offered,” on the iTunes store. Sean Max Brady also commented, writing “So easy to use. Fast and efficient. Well done.”
Charlie Fripp – Consumer Tech editor