{"id":458096,"date":"2020-12-22T07:31:37","date_gmt":"2020-12-22T05:31:37","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=458096"},"modified":"2020-12-22T07:31:37","modified_gmt":"2020-12-22T05:31:37","slug":"bank-zero-details-launch-plans","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/banking\/458096\/bank-zero-details-launch-plans\/","title":{"rendered":"Bank Zero details launch plans"},"content":{"rendered":"<p>Bank Zero is planning a gradual move from its current beta testing to a public launch with people who supplied their details on the Bank Zero website next year.<\/p>\n<p>This is feedback from Bank Zero founder Michael Jordaan, who was responding to questions from MyBroadband.<\/p>\n<p>In May Jordaan said Bank Zero planned to launch a controlled public beta early in the second half of 2020.<\/p>\n<p>The new digital bank published its pricing guide for individual and business customers in October, but a public launch has been pushed out to 2021.<\/p>\n<p>Bank Zero CEO Yatin Narsai said they will not be doing a \u201cbig bang\u201d launch, especially this late in the year with many people already away on leave.<\/p>\n<p>Instead of a big launch, Bank Zero said it will learn from customer feedback and incorporate such feedback before opening the gates.<\/p>\n<p>Narsai said this approach will allow them to manage volumes and incorporate important customer feedback.<\/p>\n<p>\u201cOur transition to public availability will be fast but controlled,\u201d Narsai said. \u201cThe transition happens early 2021.\u201d<\/p>\n<p><strong>Bank Zero account pricing<\/strong><\/p>\n<p>Bank Zero only offers one account type because it doesn\u2019t believe in the practice of luring customers in with an entry-level account that has limited functionality.<\/p>\n<p>The same pricing structure is offered across individual and business banking. It currently supports (Pty) Ltd\u2019s, CCs, and Sole Proprietors, with trusts and partnerships to be included at a later date.<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/10\/Bank-Zero-fees.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-444020 aligncenter\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/10\/Bank-Zero-fees.png\" alt=\"\" width=\"670\" height=\"864\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/10\/Bank-Zero-fees.png 670w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2020\/10\/Bank-Zero-fees-233x300.png 233w\" sizes=\"auto, (max-width: 670px) 100vw, 670px\" \/><\/a><\/p>\n<hr \/>\n<p><em>This article first appeared on MyBroadband. You can read the original story <a href=\"https:\/\/mybroadband.co.za\/news\/banking\/380926-bank-zeros-public-launch-plans-unveiled.html\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>.<\/em><\/p>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/banking\/451696\/the-banking-scams-to-watch-out-for-over-the-holidays-in-south-africa\/\" target=\"_blank\" rel=\"noopener noreferrer\">The banking scams to watch out for over the holidays in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bank Zero is planning a gradual move from its current beta testing to a public launch with people who supplied their details on the Bank Zero website next year.<\/p>\n","protected":false},"author":31,"featured_media":280791,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[961],"tags":[12875,26],"class_list":["post-458096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-bank-zero","tag-headline"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/458096","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=458096"}],"version-history":[{"count":1,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/458096\/revisions"}],"predecessor-version":[{"id":458098,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/458096\/revisions\/458098"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/280791"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=458096"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=458096"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=458096"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}