South Africa

Instant Money

Need to pay someone who does not have a bank account? With Instant Money, there are six ways to send money: Online Banking, the Banking App, Cellphone Banking, Partnered Retailers, Instant Money Wallet and via Instant Money Bulk Payments for businesses.

Why use Instant Money
Enjoy flexibility
Send money instantly to anyone with a valid South African cellphone via the Banking App, Online Banking, Cellphone Banking, Standard Bank ATMs, and Retail Partners.
Top up the necessities
Top up your Instant Money Wallet App and send money to your Standard Bank account or another wallet at no cost. You can also buy electricity and data.
Convenient & secure
Share the 4-digit cash collection PIN with your recipient for safe withdrawal.
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Send money to anyone with a valid South African cellphone number

There are several ways to send money: 

To send money at the retailers, you will need to present the following at the till point: 

  • Your South African ID Book or Smart Card 
  • Your South African cellphone number 
  • The recipient’s South African cellphone number

Instant Money terms and conditions

Manage your vouchers with an easy- to-use digital wallet

  • Register and access your Instant Money Wallet by dialling *120*212# or download the Instant Money App on Google Play, Huawei Store and App Store
  • Keep your money secure with a unique Wallet PIN
  • Store your Instant Money Vouchers up to a value of R25 000 a month
  • Send money from your Instant Money Wallet up to a value of R10 000 a day
  • Send money from your Wallet to another Wallet for free
  • Send money from your Wallet to any Standard Bank banking account
  • Buy prepaid airtime, data, and electricity

Instant Money Wallet terms and conditions

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How to send Instant Money via your Standard Bank App.
Sign In & Transact

Sign in to your app and select “Transact” on your home screen

Select "Send"

Choose “Send” and then select “Send voucher to someone else”

Choose recipient

Select the cellphone number of the recipient

Generate PIN

Enter the amount and generate or enter your Cash Collection PIN

Enter recipient details

Enter the recipient name and reference, and click “Next”

Review details

Review the details and then send. You can withdraw the money from any our participating retailers or from a Standard Bank ATM.

Send money on the Banking App
Ready to send money? Download our Banking App by scanning the QR code or tapping your preferred app store logo.
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Frequently asked questions
How long is the Instant Money™ voucher valid?
  • Instant Money™ vouchers are valid for 3 years.
  • Bulk Payments clients can set the voucher to be valid for any period less than 3 years.
How do I resend the voucher if the recipient didn’t receive the SMS?
  • You can call the Instant Money™ contact centre on 0860 466 639, select option 1 for self-service or option 2 to speak to a consultant.
  • SPAR is the only retailer that can re-send the last active Instant Money™ Voucher. You will be required to produce proof of ID /Smart ID Card. If you did a Bulk Payment, you can resend the vouchers yourself.
  • A full voucher number will be displayed if the voucher is created via the Banking App or Online Banking.