FNB, in partnership with Mastercard, has launched Globba, a cross-border payments solution powered by Mastercard Move.
The service, available through the FNB and RMB Private Banking apps, enables South Africans to send money abroad to more than 120 countries, offering faster, transparent, and traceable transactions.
Globba aims to strengthen key remittance corridors such as Zimbabwe, Malawi, Mozambique, and Ghana, while also providing access to bank accounts, mobile wallets, and cash pick-up locations globally.
Lytania Johnson, CEO of FNB Personal Segment, said:
“Globba represents a powerful platform for inclusion, speed and transparency. Our customers are Pan-African and globally connected, they value efficiency, security and innovation. Globba delivers on all fronts, enabling seamless cross-border payments that empower lives and families.”
Onur Kursun, Executive Vice President, Commercial and New Payment Flows EEMEA at Mastercard, added:
“With Mastercard Move’s solutions, we’re providing FNB customers with greater choice and flexibility in how they send money locally and across borders, enhancing transparency and building confidence in cross-border transactions.”
FNB and Mastercard plan to expand Globba across FNB’s network in Africa, subject to regulatory approval.
The launch coincides with South Africa’s upcoming G20 Finance Track in November, where modernisation of cross-border payments will be discussed.
Featured image credit: Mastercard
