TymeBank customers can now withdraw cash at 170 000 spaza shops and traders across SA

TymeBank, which aims to upend retail banking, including by pursuing unbanked and underserved South Africans, has now made cash withdrawals available to its customers at 172 000 spaza shops and traders across the country.

"While TymeBank supports the country’s shift to a cashless society, the reality is that cash is still used extensively in our communities and the informal market," TymeBank’s chief strategy officer, Greg Illgner, said in a statement. Flash's head of marketing, Sarah Griffiths, said the company’s technology"simplifies operations so that business owners can focus on serving and growing their businesses, while providing a convenient service to their customers and communities".

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