First National Bank (FNB) has become the first South African financial services company to launch its own branded Android-powered smartphones.
The FNB phones, which were unveiled on Tuesday in Cape Town, include the ‘ConeXis X1’ which costs R150 per month over a two year period. Meanwhile, FNB’s ‘ConeXis A1’ is priced at R59 over a 24 month period.
FNB said the phones are also set to provide free banking services while they are designed by Chinese phone maker ZTE.
Kartik Mistry, FNB's head of smart devices said the company has applied “serious attention to detail in putting an entire smartphone package together.”
Mistry further said that customers can “walk into a bank with brick in their pocket and walk out with a bank in their pocket.”
FNB’s move to launch its own smartphone brand comes after the company unveiled its own branded mobile network last year.
FNB Connect runs atop Cell C’s network as a Mobile Virtual Network Operator (MVNO).