How to Transfer Money in Bettr Finance with Mobile Code (USSD Code)

The rise of fintech banking solutions in South Africa has redefined how people manage their finances. One of the fastest-growing digital banks is Bettr Finance, a fully mobile-driven platform that caters to the needs of tech-savvy individuals, entrepreneurs, and students. Unlike traditional banks, Bettr Finance allows you to perform everyday banking transactions directly from your phone without standing in long queues or filling out endless paperwork.

One of the most common tasks people want to know about is how to transfer money in Bettr Finance with mobile code. This article gives you a complete step-by-step guide, explores the benefits of mobile code transfers, and answers the most frequently asked questions (FAQs) about Bettr Finance money transfers.

By the end, you’ll have a clear understanding of how to transfer money securely, quickly, and affordably using Bettr Finance.

What is Bettr Finance?

Before diving into money transfers, let’s first understand what Bettr Finance is all about:

Digital-Only Bank – Bettr Finance operates entirely online, meaning you won’t find physical branches.
Mobile App Banking – You can manage your account, send payments, and receive money directly from the app.
Mobile Code Banking – Bettr Finance integrates with USSD (Unstructured Supplementary Service Data) codes, allowing you to bank without mobile data.
Low Fees – Transactions are often more affordable than traditional banks.
Inclusive Banking – Aimed at students, freelancers, and underbanked communities in South Africa.

Because of its mobile-first nature, transferring money using mobile code is one of the most convenient and accessible options for Bettr Finance users.

What is a Mobile Code Transfer?

A mobile code transfer refers to using USSD codes (short dialing numbers like 120XXXX#) to send money directly from your phone. This method:

Works without internet access
Is available on both smartphones and basic feature phones
Is often quicker than logging into an app
Allows secure PIN-protected transfers

For people who don’t always have mobile data or prefer quick transactions, Bettr Finance mobile code transfers are an excellent option.

Why Use Mobile Code for Bettr Finance Money Transfers?

Here are the main benefits of transferring money with mobile codes in Bettr Finance:

No Data Required – You don’t need Wi-Fi or mobile data.
Accessibility – Works on all mobile phones, even older ones.
Speed – Transactions are processed instantly.
Security – Each transfer is protected by PIN verification.
Convenience – You can send money anytime, anywhere in South Africa.
Cost-Effective – Lower fees compared to traditional EFTs.

Step-by-Step Guide: How to Transfer Money in Bettr Finance with Mobile Code

Now, let’s break down the exact steps you need to follow.

Step 1: Register for Bettr Finance Mobile Banking

Download the Bettr Finance app (for Android or iOS).
Sign up with your South African ID and complete FICA verification.
Link your phone number to your Bettr Finance account.

Step 2: Activate Mobile Code Banking

Dial the Bettr Finance USSD code (usually something like 120BETTR#).
Follow the prompts to activate mobile code transfers.
Set up a secure PIN for authentication.

Step 3: Initiate a Transfer

Dial the Bettr Finance USSD code again.
Select “Send Money” from the menu.
Enter the recipient’s mobile number or bank account details.

Step 4: Enter Amount & Confirm

Type in the amount you want to transfer.
Confirm the details (recipient name and amount).
Enter your PIN to authorize the transaction.

Step 5: Transaction Complete

You’ll receive an SMS confirmation of the transfer.
The recipient will either get the funds in their Bettr account or a voucher code (if they don’t have Bettr).

Example: Sending Money with Bettr Finance Mobile Code

Imagine you want to send R500 to a friend:

Dial 120BETTR#
Select Send Money
Enter your friend’s cellphone number
Type 500 as the amount
Confirm details
Enter your PIN
Receive SMS confirmation

Your friend can then withdraw cash, use the voucher, or transfer it into their own Bettr account.

Fees for Bettr Finance Mobile Code Transfers

One of the biggest advantages of Bettr Finance is its transparent, low-fee structure. While fees may change, here’s what you can generally expect:

Transfers between Bettr accounts – Free
Mobile code money transfers – Minimal fee (e.g., R5 – R10 depending on the amount)
ATM cash-out using voucher – Small withdrawal fee

Compared to traditional banks that charge R50+ for EFTs or immediate transfers, Bettr Finance is much more affordable.

Is It Safe to Transfer Money with Mobile Code in Bettr Finance?

Yes! Bettr Finance mobile code banking is secure because:

Every transaction requires a PIN.
You receive an SMS alert for all transfers.
Bettr Finance uses encrypted connections to prevent fraud.
Daily limits ensure you don’t lose large sums in case of phone theft.

Troubleshooting Bettr Finance Mobile Code Transfers

Sometimes, users experience challenges when using mobile codes. Here are common issues and solutions:

USSD Code Not Working
- Ensure you dial the correct Bettr Finance code (120XXXX#).
- Restart your phone and try again.
Transaction Failed
- Check if you have enough balance.
- Ensure the recipient’s number is valid.
SMS Confirmation Not Received
- Check network signal.
- Confirm with Bettr Finance support if the transfer went through.

Comparing Bettr Finance Mobile Code Transfers with Other Banks

Feature	Bettr Finance	TymeBank	Discovery Bank	Bank Zero
Mobile Code Available	Yes	Yes	Yes	Yes
No Data Needed
Transfer Speed	Instant	Instant	Instant	Instant
Fees	Low	Moderate	Moderate	Low
Target Market	Students, freelancers	General consumers	Professionals	Cost-conscious users

Bettr Finance competes strongly with other South African digital banks but is especially attractive to youth and mobile-first users.

FAQs: Transferring Money in Bettr Finance with Mobile Code

1. Do I need internet to use Bettr Finance mobile code?

No. Mobile code transfers work without internet or mobile data.

2. Can I send money to someone without a Bettr account?

Yes. They will receive a voucher code via SMS, which can be used at selected ATMs or retail partners.

3. What is the maximum transfer limit?

Limits depend on your account type, but daily caps usually range between R2,000 – R5,000 for mobile code transfers.

4. How long does it take for money to reflect?

Transfers are instant.

5. Can I reverse a Bettr Finance mobile code transaction?

No. Once confirmed, the transfer cannot be reversed. Always double-check recipient details before confirming.

Transferring money in Bettr Finance with mobile code is one of the fastest, easiest, and most cost-effective ways to send money in South Africa. Whether you’re paying a friend, covering monthly expenses, or sending emergency cash, the mobile code system ensures accessibility even without internet access.

By understanding how to register, activate mobile banking, and make secure transfers, you can enjoy seamless financial transactions with full confidence.

Bettr Finance continues to revolutionize mobile-first banking and is a great choice for anyone who values convenience, affordability, and speed.