{"id":853625,"date":"2026-03-11T14:54:03","date_gmt":"2026-03-11T12:54:03","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=853625"},"modified":"2026-03-26T17:01:46","modified_gmt":"2026-03-26T15:01:46","slug":"capitec-innovates-to-empower-entrepreneurs-through-affordable-fees-and-access-to-inflow-based-credit","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/industry-news\/853625\/capitec-innovates-to-empower-entrepreneurs-through-affordable-fees-and-access-to-inflow-based-credit\/","title":{"rendered":"Capitec innovates to empower entrepreneurs through affordable fees and access to inflow-based credit"},"content":{"rendered":"\n<p>South Africa\u2019s economy is powered by millions of entrepreneurs, from traders and sole proprietors to growing small businesses. Collectively, they represent one of the country\u2019s greatest opportunities for inclusive growth and job creation.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/ad.doubleclick.net\/ddm\/trackclk\/N2653706.153349MYBROADBAND\/B35295879.441039720;dc_trk_aid=634070817;dc_trk_cid=250224313;dc_lat=;dc_rdid=;tag_for_child_directed_treatment=;tfua=;gdpr=$%7BGDPR%7D;gdpr_consent=$%7BGDPR_CONSENT_755%7D;ltd=;dc_tdv=1\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Click here for more info about Capitec<\/strong><\/a><\/li>\n<\/ul>\n\n\n\n<p>In line with its purpose to create a meaningful difference, Capitec is excited to introduce the Entrepreneur Account, a banking solution designed specifically around the real needs of small and independent business owners.<\/p>\n\n\n\n<p>The Entrepreneur Account was born from a clear insight: more than 1.4 million Capitec clients were already using their Personal Banking Accounts to run businesses.<\/p>\n\n\n\n<p>Rather than forcing them to register with the CIPC before they felt they were ready, Capitec identified an opportunity to meet them where they are and support them to grow with affordability and simplicity.<\/p>\n\n\n\n<p>The response has been compelling. Since its launch, more than 74 000 Entrepreneur Accounts have been opened organically, without any formal marketing.<\/p>\n\n\n\n<p>The solution is purpose-built for sole proprietors and unregistered businesses, offering a professional platform that enables entrepreneurs to formalise their operations and scale over time.<\/p>\n\n\n\n<p>Unlike traditional business banking models that offer differing fees, if not higher, Capitec has leveraged its scale to ensure entrepreneurs pay the same transaction fees as a Personal Banking Account, removing a critical cost barrier for small and early-stage ventures.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Game-changing features for entrepreneurs include:<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>No extra monthly fee for qualifying Personal Banking clients, lowering the cost of entry for small businesses<\/li>\n\n\n\n<li>Up to 4 Entrepreneur Accounts to manage different income streams or ventures<\/li>\n\n\n\n<li>Professional credibility \u2013 with the business name displayed on cards, statements and proofs of account<\/li>\n\n\n\n<li>Ability to accept card payments through a linked Capitec card machine with low card commission fees<\/li>\n\n\n\n<li>Access to capital, with inflow\u2011based credit facilities of up to R500 000 based on daily card sales and invoices \u2013 to scale, restock, hire, invest and grow<\/li>\n<\/ul>\n\n\n\n<p>This makes it easier for small businesses to qualify for credit, especially if they don\u2019t have a long trading history, collateral or formal structures.<\/p>\n\n\n\n<p>Speaking to the broader opportunity, Capitec\u2019s Group Executive for Marketing and Client Experience, Francois Viviers said: \u201cSouth Africa has millions of formal and informal small businesses, and behind every one of them is an entrepreneur trying to build a better future.\u201d<\/p>\n\n\n\n<p>\u201cIf we get this right, if we support these business owners to grow sustainably, the ripple effect could be millions of jobs created over time. Every entrepreneur, no matter how small, deserves to be treated as a valuable client and a meaningful contributor to South Africa\u2019s economy.\u201d<\/p>\n\n\n\n<p>Building on the same commitment to affordability and simplicity, Capitec has also confirmed that most of its core banking fees will remain unchanged for 2026.&nbsp;<\/p>\n\n\n\n<p>This bold move, underpinned by their relentless investment in technology, reinforces its market leadership and commitment to delivering real value back to its 25 million clients.<\/p>\n\n\n\n<p>At a time when South Africans are navigating significant economic pressure, Capitec is guided by its purpose-driven innovation principles to ensure that rising fees are one less thing for clients to worry about.<\/p>\n\n\n\n<p>By operating at a scale that enables the group to work with extreme efficiency, it continues to pass operational savings directly back to its clients.<\/p>\n\n\n\n<p>While macroeconomic indicators suggest a cooling in inflation, the reality within South African households remains one of tightened budgets and rising essential costs. The decision to keep fees low is a deliberate intervention to make a meaningful difference in its clients\u2019 daily lives.<\/p>\n\n\n\n<p>Credit should be accessible to support this growth, rather than a benefit reserved only for large, well\u2011resourced corporations.<\/p>\n\n\n\n<p>\u201cInflation may be at the lowest we\u2019ve seen in many years, but consumers are still under real pressure,\u201d says Francois Viviers.<\/p>\n\n\n\n<p>\u201cStatsSA data for December shows that the inflation rate for food and non-alcoholic beverages was 4.4%, with meat price inflation at 12.6%. Increasing bank fees shouldn\u2019t be another thing South Africans need to worry about.\u201d<\/p>\n\n\n\n<p>Viviers adds: \u201cOur technology investments and innovative culture are key to unlocking real value which is passed back to our clients.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Market-leading transparency<\/strong><\/h2>\n\n\n\n<p>Capitec\u2019s 2026 fee structure remains the benchmark for simplicity, continuing the 2025 philosophy of condensing more than 30 pricing points into five clear, easy-to-understand amounts.<\/p>\n\n\n\n<p>This strategy returned R203 million to clients in just six months between March and August 2025.<\/p>\n\n\n\n<p>Key 2026 fees include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Personal Banking monthly fee: R7.50<\/li>\n\n\n\n<li>Business Banking monthly fee: R50<\/li>\n\n\n\n<li>Capitec-to-Capitec payment: R1<\/li>\n\n\n\n<li>Payment to other SA banks: R2<\/li>\n\n\n\n<li>Debit order: R3<\/li>\n\n\n\n<li>Immediate payment to all SA banks: R6<\/li>\n\n\n\n<li>Cash withdrawal: R10 per R1 000 at any bank\u2019s ATM in SA<\/li>\n<\/ul>\n\n\n\n<p>Business Banking clients pay exactly the same transaction fees as Personal Banking clients.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Innovation as a national utility<\/strong><\/h2>\n\n\n\n<p>Whether reducing banking fees for millions of clients or creating a springboard for the country\u2019s entrepreneurs, Capitec\u2019s focus for 2026 is clear: purposeful innovation must enable economic dignity.<\/p>\n\n\n\n<p>By simplifying how banking is delivered, Capitec positions itself as an essential financial utility, helping entrepreneurs build stronger financial records, access opportunities and create lasting value for their communities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africa\u2019s economy is powered by millions of entrepreneurs, from traders and sole proprietors to growing small businesses.<\/p>\n","protected":false},"author":57,"featured_media":853626,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10459],"tags":[1798,20015],"class_list":["post-853625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-news","tag-capitec","tag-entrepreneur"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/853625","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\/57"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=853625"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/853625\/revisions"}],"predecessor-version":[{"id":855091,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/853625\/revisions\/855091"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/853626"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=853625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=853625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=853625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}