Skip to main content

How to Reverse eWallet? Do you need FNB eWallet number to undo the transaction that you made, could be you sent money to the wrong cell number.

How To Reverse eWallet in Aug

Let us quickly look at this easy steps to help you get your money back.

The eWallet reversal number is for cellphone banking is 087 575 9405

On your mobile phone, here is what you can do

  • Dial *120*321# on your mobile phone
  • Select option 4 “Send Money”
  • Next select option 5 for “ewallet reversal”
  • Then, select the transaction that you return back.

What is eWallet and how does it work?

E-wallet is a form of electronic card that can be used to make online purchases using a tablet or smartphone.

It functions similarly to a credit or debit card.

To make transfers, an E-wallet must be connected to the user’s bank account.

An e-wallet is a form of pre-paid account that allows a person to save money for potential online transactions.

A password is used to secure an E-wallet.

An E-wallet can be used to pay for snacks, internet orders, and plane tickets, among other things.

Technology and details are the two key components of an eWallet.

Personal information is stored in the software portion, which also includes data storage and encryption.

The information portion is a database of the user’s information, such as their name, payment process, payment number, credit or debit card information, and so on.

To create an eWallet account, the user must first download the program to his or her laptop and then fill out the necessary details.

The eWallet immediately fills in the user’s details on the payment form after they buy online.

The user must insert his password to unlock the eWallet.

After making an online purchase, the customer is not allowed to fill out the order form in any way.

How do I send money via eWallet?

A digital wallet is a software-based device that stores users’ payment details and passwords for a variety of payment methods and websites in a secure manner.

With near-field networking technologies and a digital wallet, users can make transactions quickly and conveniently.

They can also create more secure codes without having to think about remembering them later.

By conveniently and compactly storing all of a consumer’s payment records, digital wallets largely remove the need to hold a physical wallet.

In addition, companies that collect customer data can benefit from digital wallets.

The more information a company has on its consumers’ buying preferences, the more easily it can sell to them.

Can I send eWallet without FNB?

Is a service that enables an FNB customer to create and fund an electronic store of value from an FNB account, which is accessible to a nominated beneficiary who has a valid South African cellphone number via FNB ATMs, FNB Cellphone Banking, the FNB App or FNB Online Banking.

What happens if eWallet is not withdrawn?

One of the nice and great things about FNB eWallet is the fact that, if they money is not withdrawn, it will remain in your profile, which is the receiver’s cellphone number.

All that is required for the receiver to receive this money in future, is to reset the password, or altenavely, withdraw total balance on the next transaction.

What are the benefits of eWallet services


The most noticeable benefit that sets mobile wallets apart from physical wallets as well as their digital equivalents such as desktop applications.

Given that phones are simply daily hold products, it only makes sense to outfit them with an app that allows for instant access to critical financial functions.


Traditional financial firms have a long history of being inconvenient and time-consuming to deal for.

Wallet applications, on the other hand, allow you to execute even comparatively complicated operations with only a few taps and see the results right away.

Not just that, but they give you access to a slew of useful features like budget monitoring and smart tooltips, making money management a breeze.


Cyber-criminals are likely to exploit any technology that is tasked with money management.

New digital solutions, fortunately, have a high degree of security against harmful activity.

At any given time, an eWallet account will hold a limit of R5,000.

The daily limit for mobile app and online banking transfers is R3,000, while the limit for cellular banking and ATMs is R1,500.

FNB eWallet also charges only R10.95 per loan, making it the most cost-effective way to transfer money in South Africa.

error: Content is protected !!