Jabu Stone Money Products

Your bank in your pocket

Do you think having a bank account is too expensive and not worth your time?
Think again!

The Jabu Stone Debit Card allows those without a bank account access to a secure, simple and effective method of banking, offering a savings and transaction bank account to customers who cannot meet the minimum requirements for banks and high-cost bank services.


Opening an account with the Jabu Stone Debit Card requires only your ID – no inconvenient utility bills are needed!

The card can be used to do all the things that a bank allows you to do and more.

These include:
Sending money long distance
Paying accounts
Paying without cash – secure shopping with a Maestro debit card
Easy, secure cellphone banking
On-site person-to-person payments
Debit/stop orders

Why would I want a bank account when I can just use cash? Carrying cash in South Africa is considered high risk, and is also inconvenient. The Jabu Stone Debit Card is a universally accepted payment method that completely removes the risk associated with cash.

As an alternative to cash, the Jabu Stone Debit Card and cellphone banking are useful because:

• They are easy to use
• They can be used for various types of transactions
• The payment process does not take long
• Fees are low
• Process is safe
• Money is PIN protected
• They address the inconvenience of paying monthly bills at a bank – payments and transfers can be made remotely
• Handling is cheaper

So why not a normal bank?
Banks and bank accounts are traditionally tailored for corporates and higher income earners. If you are earning a lower income, the chances are you are not interested in banks because the safety that they offer is not worth the costs and the inconvenience.

NO MONTHLY FEES – YOU ONLY PAY FOR WHAT YOU USE!

Benefits of the Jabu Stone Debit Card:

• Opening an account is easy and fast
• Maestro debit card and cellphone banking can be used as payment methods in both formal and informal markets
• Real-time person-to-person payments can be made using your cellphone
• You have total control of your money
• Transactions can be made wherever, whenever – this avoids the inconvenience of travelling to the bank and encountering long queues
• It removes the risk associates with cash
• Offers a secure and effective payment mechanism
• Extremely low banking fees – you only pay as you use

How do I sign up for a Jabu Stone Debit Card?
Applying for a card is simple – just visit your nearest Jabu Stone salon and fill in the required forms.

Your account will be activated while you wait. Don’t forget to take your ID with you as this will be required to activate your account.

Just how cheap is the Jabu Stone Debit Card?