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.
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.
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
Please be advised that the Celbux Website:https://t.co/KD9S8t1RGZ, is no longer available for students.
Please conclude your NSFAS Wallet related transactions by dialling *120*176# from your cellphone. pic.twitter.com/0NnGNYBqB3
— NSFAS (@myNSFAS) August 12, 2021
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.
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 number: 08000 067 327
- NSFAS Email: [email protected]
- Facebook: National Student Financial Aid Scheme
- Instagram: @myNSFAS
- Twitter: @myNSFAS
NSFAS Contact Centre operational hours are Monday to Friday, between 09h30-17h00
Image Courtesy: Twitter.com