Mzazela Wallet
Your all-in-one digital wallet. Top up, send money, pay for services, and invest — all in one secure, regulated platform.
Mzazela Waives Your Top-Up Fees
Bank processing fees for card and EFT top-ups are covered by Mzazela upfront. Instead of deducting fees from your wallet funding, we recover them gradually from your investment profits — protecting your principal from day one.
Fee Covered Upfront
You top up R1,000 — R1,000 lands in your wallet. Mzazela absorbs the bank charge.
Recovered from Profits
The fee is gradually deducted from your investment earnings, spread over time.
Principal Stays Intact
Your invested capital is never reduced by fees. Only your profits are gently adjusted.
How to Top Up
Two ways to fund your Mzazela Wallet
Bank Deposit
Direct EFT to Mzazela
Transfer directly to the Mzazela bank account. Confirmed and credited instantly upon receipt by our team.
Card & Instant EFT
Powered by Iveri & Ozow
Use your debit or credit card via Iveri, or instant EFT via Ozow. Bank processing fees apply but are waived upfront by Mzazela.
Send, Spend & Invest
Everything you can do with your Mzazela Wallet
P2P Transfers
Send to any Mzazela wallet holder instantly at R2.00 flat fee.
EFT to Bank
Standard EFT at R7.50 or Real-time EFT at R30.00 to any SA bank.
VAS Purchases
Buy airtime, data bundles, and prepaid electricity directly from your wallet.
Investment Products
Fund SWIC Build & Boost, SWIC Vouchers, and Crowd Funding from your wallet.
QR Payments
Scan merchant QR codes for instant point-of-sale payments.
Merchant Payments
Pay participating Mzazela merchants directly from your wallet balance.
How It Works
From registration to growing your wealth in 5 steps
Register
Create your Mzazela account on the register page
Complete KYC
Verify your identity to unlock full wallet access
Top Up
Fund your wallet via bank deposit or card
Send & Spend
Pay, transfer, buy VAS or invest
Grow Wealth
Invest in Mzazela products to earn returns
Silicon Enterprise — Licensed Wallet Partner
The Mzazela Wallet is operated in partnership with Silicon Enterprise, a fully licensed and regulated financial services provider. Your funds are protected under strict compliance frameworks.
Fee Summary
Full Schedule| Transaction | Fee |
|---|---|
| Card Top-up (Iveri) | 2.95% + R1.50 |
| Instant EFT Top-up (Ozow) | 1.50% |
| P2P Wallet Transfer | R2.00 |
| EFT to Bank (Standard) | R7.50 |
| EFT to Bank (Real-time) | R30.00 |
Frequently Asked Questions
How do I get a Mzazela Wallet?
Simply register on our website using the standard registration page. Once registered and KYC verified, your wallet is automatically created and ready to use.
How does Mzazela waive my top-up fees?
When you top up via card or instant EFT, Mzazela covers the bank processing fees upfront. These fees are then gradually recovered from your investment profits over time, so your principal is never reduced on day one.
Can I send money to anyone?
You can send to any registered Mzazela wallet holder at R2.00 per transfer. For bank accounts, use standard EFT (R7.50) or real-time EFT (R30.00) to any SA bank.
What VAS products can I buy?
You can purchase prepaid airtime, mobile data bundles, and prepaid electricity directly from your wallet at competitive rates.
How do I withdraw to my bank?
Select EFT from your wallet dashboard. Standard service is R7.50 and processes within 1-2 business days. Real-time EFT at R30.00 processes almost instantly.
Is my wallet secure?
Yes. The Mzazela Wallet is powered by Silicon Enterprise, a fully licensed and regulated financial services partner. All transactions are encrypted and KYC verification is required.
Open Your Mzazela Wallet Today
Register using the standard sign-up page. Your wallet is created automatically once KYC is verified.