CHIPS™ Money Manager is an easy-to-use app that allows you to have complete control over your money, meaning –
• you can put your money in a regulated safe-keeping account that can earn you interest at no cost to you, and without any unauthorised deductions;
• you can spend your money at merchants and service providers, as well as make in-app purchases;
• you can send money to dependants, family, friends and other individuals, wherever they are in South Africa in real-time and at a low cost;
• you can receive money that other CHIPS users have sent to you, for example, your salary or wages, gifts, etc.; and
• you can create payment requests to give or send to people who need to pay you.
To benefit from the above you only need a smart phone – no bank account is required.
CHIPS™ Money Manager has been built on the CHIPS Payment Network which is a revolutionary low cost, all-in-one, comprehensive financial solution that focusses on the protection and enhancement of savings while at the same time providing convenient and easy transacting capability – for both businesses and individuals alike. This means it is an inclusive, affordable solution that is accessible to all South Africans as it empowers users to transact and save.
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With Family Sharing set up, up to six family members can use this app.