TymeBank – Buy Vouchers With TymeBank App

Opening a TymeBank account is relatively simple, and it's designed to be user-friendly because of its digital nature. Watch this video and follow the steps to open an account with TymeBank:

1. Visit a Kiosk:

• Go to a TymeBank kiosk, usually located inside a Pick n Pay or Boxer store. 
• Follow the on-screen instructions.
• You'll be asked to provide your South African ID number.
• The kiosk will print a card for you immediately.

2. Online Registration:

• Visit the TymeBank website.
• Follow the registration or sign-up prompts.
• Fill in your personal details as required.

3. Mobile App:

• Download the TymeBank mobile app from the App Store or Google Play Store.
• Follow the sign-up or registration prompts.
• Provide the required personal information.

4. Verification:

• You'll likely need to verify your identity, usually by entering a One-Time Pin (OTP) sent to your mobile number or email.
• In some cases, you might need to visit a kiosk to finalize the verification process.

5. Personalize your Account:

• Once your account is open, you can personalize settings, including setting up payment beneficiaries, linking your mobile number, and more.

6. Deposits and Usage:

• Once the account is set up, you can deposit money at the kiosk, Pick n Pay, or Boxer till points, or via electronic funds transfer (EFT) from another bank.
• The account is ready for use as soon as there are funds in it. 

Remember to always keep your personal and banking details secure. Keep your bank card safe and don't share your PIN with anyone.

It's also worth noting that while TymeBank aims to simplify banking and reduce paperwork, it is still bound by the same regulatory requirements as other banks in South Africa. This means that "Know Your Customer" (KYC) checks and the provision of valid identification and other potential requirements will still be necessary.

Always check the bank's official website or contact their customer support for the most up-to-date instructions and requirements for opening an account.

Downloading and using the TymeBank app is a straightforward process. As of my last update in January 2022, here are the steps to download and use the TymeBank app:

For Android Devices

  1. Open the Google Play Store on your device.

  2. In the search bar, type "TymeBank" and hit search.

  3. Find the official TymeBank app from the search results (always ensure you're downloading official banking apps to avoid scams).

  4. Tap on "Install" to download and install the app on your device.

For iOS Devices

  1. Open the Apple App Store on your device.

  2. Search for "TymeBank".

  3. Tap on "Get" to download and install the app.

Open the App and Register/Log in

If you're already a TymeBank customer:

  1. Open the app.

  2. Select the login option.

  3. Enter your login credentials.

  If you're new to TymeBank:

  1. Open the app.

  2. Select the sign-up or register option.

  3. Follow the registration prompts, which usually involve providing personal details and verifying your identity.

Using the TymeBank App

• Dashboard: Once logged in, you'll be presented with a dashboard that provides an overview of your accounts, balances, and recent transactions.
• Transfers and Payments: Use the app's menus to navigate to payment or transfer options. This allows you to make payments, transfer money between accounts, or send money to others.
• Settings: Go to the settings or profile section to personalize your app settings, change your PIN, manage cards, or update personal information.
• Additional Features: Depending on updates and features introduced by TymeBank, you might find options for goal-based savings, loan applications, viewing statements, and more.

Stay Secure

• Always ensure you're using a secure connection when accessing your banking app.
• Never share your PIN or password with anyone.
• Regularly update your app to ensure you have the latest security patches and features.
• If you lose your phone or suspect any suspicious activity, contact TymeBank's customer service immediately.

MoreTyme is a buy-now-pay-later (BNPL) solution provided by TymeBank in South Africa. The service offers TymeBank customers a way to purchase items immediately and repay the amount over time, in a way similar to other BNPL schemes.

Here are some key features and details about MoreTyme:

✔️ Interest-Free Period: One of the main selling points of MoreTyme is that customers can get an interest-free period, allowing them to repay their purchase without incurring additional interest charges, provided they repay within the stipulated period.

✔️ Flexibility: MoreTyme offers various repayment plans, giving customers the flexibility to choose how and when they repay.

✔️ Instant Approval: The approval process for MoreTyme is typically quick, allowing customers to make purchases almost immediately once approved.

BNPL services like MoreTyme have been growing in popularity globally because they offer consumers immediate access to goods without immediate payment. However, they should be used responsibly. It's crucial to understand the terms and conditions, including any potential fees or interest, before using such services. Always make sure to repay within the interest-free period to avoid additional charges.