Standard Bank Connect launches eSIM as it hits 350,000 customers
Standard Bank’s Mobile Virtual Network Operator (MVNO), Standard Bank Connect, has launched a new eSIM as it looks to expand its customer base.
The division, which relaunched from Standard Bank Mobile in 2024, has reached 350,000 customers, it said, while reporting “solid” year-on-year growth.
As customers move towards using multiple SIM cards to separate usage or optimise costs and coverage, the bank sees an opportunity to facilitate this better in the market.
“Industry estimates suggest that a large majority of mobile users in South Africa actively use more than one SIM,” it said.
“The continued shift toward multi-SIM usage underpins our expansion into eSIM. Our ambition is to see eSIM become a meaningful share of our customer base by the end of 2026.”
An eSIM is a digital SIM embedded directly into compatible smartphones and devices.
It allows customers to activate mobile services digitally and store multiple profiles on a single device, making it easier to switch between numbers or plans.
With an eSIM, customers can manage multiple mobile plans on a single device without a physical SIM card.
The bank said that its eSIM service is now available on existing mobile plans, with prepaid eSIM options expected to follow.