What is Celbux

What is Celbux And How Does it Work in South Africa?

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Celbux is a free financial technology provider that facilitates the disbursement of money, on behalf of customers to anyone with a cellphone in a digital form. The Sbux platform was also used by the National Student Financial Aid Scheme (NSFAS) to make managing finances easier and accessible. Although Celbux NSFAS was recently shutdown by NSFAS early last month, people are still curious about what is Celbux and how does it work in South Africa. In this article, you will learn more about this platform.

ALSO READ: How to Access NSFAS Wallet Via celbux.appspot.com

What is Celbux?

Celbux is a free financial technology provider that facilitates the disbursement of money, on behalf of customers to anyone with a cellphone in a digital form. This third party payment solution uses your cellphone in place of cash or a bank card.

The Sbux payment system uses a plugin, so if the plugin is not installed then Celbux payments will not work. In short, Sbux is an alternative to having a bank account.

Celbux NSFAS

NSFAS has announced that they have shut down the use of the Sbux portal channel for NSFAS allowances.

“Please be advised that the Celbux Website: http://Celbux.appspot.com, is no longer available for students. Please conclude your NSFAS Wallet related transactions by dialling *120*176# from your cellphone.” – NSFAS announced on social media

Previously, students would withdraw money using Sbux. You would get a voucher number plus your own pin number from NSFAS to draw the money either at Spar or Shoprite using the platform.

The platform was a great solution for many students who receive NSFAS allowances. Unlike banks that requires students to open a bank account for a simple transaction, SBux channel would require only your cellphone number to create a digital wallet.

Celbux NSFAS

How to Login to Celbux

  • Step 1: Go to https://celbux.appspot.com/
  • Step 2: Enter your Cell Phone Number or Username and Password and click “Login”
  • Step 3: Click “More”
  • Step 4: Click “Transactions”
  • Step 5: View transactions

For all NSFAS Wallet related enquiries kindly contact NSFAS via the following channels:

NSFAS Contact Centre operational hours are Monday to Friday, between 09h30-17h00

Image Courtesy: Twitter.com

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