It’s no secret – the relationship between access to the internet and the positive influence it has on the economy is well-documented. Numerous studies and statistics have highlighted how populations connected to the internet can improve economic growth, productivity and development. According to data from the World Bank, a 10% increase in internet access can lead to a 1.38% increase in GDP growth in developing countries.

While some South Africans may take airtime for granted, for others, it’s the key to success – whether it’s sending a job application, advancing their education, or staying connected with loved ones. It’s becoming increasingly clear that closing the ‘digital divide’ for SA means that we need to take active strides towards making airtime inclusive for all, allowing room for more economic engagement. Now, more than ever, it’s time to champion access to airtime for a more inclusive economic landscape.

Spot is making airtime free – Powered by Ignition Group:
At Spot Money, part of the Ignition Group, we’re committed to empowering our customers with access to essential financial tools. Our free banking account rewards users with a minimum of 3.5% airtime every time they pay using their Spot Mastercard. Yes, it’s that simple: every time you spend, you earn airtime.

Spot Money is also focused on providing South Africans with a zero monthly fee account, freeing up disposable income for everyday needs, all while rewarding users with more airtime. This enables greater opportunities for South Africans to maximise their money, develop new skills, and actively participate in the growth and development of our economy.

Opening a Spot Account and getting your SIM takes just minutes, all from your phone. Once you’re set up, you can make instant payments to other Spot Money users and to bank accounts across South Africa. Whether it’s paying bills or buying vouchers, you’ll have everything you need, powered by your Spot Mastercard.

For individuals, airtime unlocks greater opportunities:
The solution we believe in at Spot Money is simple: unlocking more airtime for South Africans will lead to a better economy for all. Access to airtime is fundamental to solving some of the burning issues that South Africa is no stranger to, such as unemployment. When communities have greater access to airtime and the internet, they gain more power to earn, spend, and save, fueling economic growth.

Airtime also enables individuals to manage online banking, mobile money, and digital payment platforms, providing better control over their finances and helping people make efficient financial decisions. This not only saves time and reduces transaction costs, but also transforms the availability of time in communities where every minute counts.

Access to airtime is a game changer for SMEs too:
The power of airtime extends beyond individual earning potential – it’s a game-changer for small and medium-sized enterprises (SMEs) too. Studies show that SMEs with internet access grow twice as fast as those without and are twice as likely to export their products and services to the global market.

Access to the internet empowers SMEs by providing them with essential tools and resources to compete in the modern South African business landscape. Airtime as a tool enhances their ability to market and sell products, reduce their costs, engage with customer base, perform important market research, and ensure their business resilience, ultimately driving their growth and success.

Ready to experience this all for yourself? Click on the link here to sign up