Coinvest NSFAS is a digital platform created through a collaboration between NSFAS and Coinvest Africa. It is one of the top platforms in South Africa for payments and transactions and a top choice for managing funds. In this article, we will discuss its features, registration process, login, and method for checking the balance.

What is Coinvest?

Coinvest is a digital platform developed to provide economic freedom in South Africa. Coinvest lets you view your current balance, carry out transactions, and track your funds. Coinvest has many payment processing system partners; NSFAS is its official partner. Students can rely on Coinvest to receive and handle their funding. They can use their virtual and physical cards for online and in-store purchasing.

Key Features of Coinvest NSFAS

Digital Account Management

You can check and control your NSFAS funds using Coinvest. You can check your current balance, transaction history, and upcoming fundings.

Mobile App Access

You can download the Coinvest NSFAS app. It is available on the Play Store. This app lets you

Check your current balance
Notify you when money is deposited
Check transaction history

Virtual And Physical Cards

Coinvest provides:

Virtual Cards are used for online purchases.
Physical cards are used for shopping in stores and ATM withdrawals.

Safe And Secure Transactions

Coinvest has a bank-level security system to protect your funds. You will have to log in with your password and PIN, which protects your money from any kind of fraud.

How to Register for Coinvest?

Follow the steps to register yourself on Coinvest:

Visit Coinvest Website Visit coinvest official website nsfas.coinvest.africa.
Click on ‘Sign Up’ Locate the ‘Sign Up’ option and tap on it to start the registration process.
Provide ID Number To confirm your identity, you need to provide your South African ID number. Create your account successfully by following the instructions on-screen.
Follow the Process After providing the ID number, follow the process by providing details such as name, contact, and your institute to complete the process of registration process.
Wait for Approval Wait for a while, they will verify your details and approve your account. You will get sms or email from Coinvest that your account is registered and activated.

Registration is done, now you can log in to Coinvest.

How to Make Withdrawals On Coinvest?

You can transfer your funds from Coinvest following these steps:

Coinvest NSFAS Login Enter your login details to access the account dashboard.
Find the ‘Move Money’ Option After accessing your dashboard, find the ‘Move Money’ option and click on it. It will be available on the main dashboard or transaction option.
Select the ‘Withdraw’ Option Click on the ‘Withdraw’ button available on the Move Money tab. This option is given to withdraw your funds.
Enter Amount Type in the amount of money you want to take out from your Coinvest account.
Select Withdrawal Destination Select the option where you want your money to be transferred, whether it is a bank account or a payment service, or a card.

Use Virtual Debit Card by Coinvest

A virtual card is used to make online payments.. Follow the steps below to use it:

Log in to your account and tap on the ‘Transfer Funds’ button.
Select ‘Virtual Card’.
Check the 16-digit card number and CVV code.
Enter these credentials to make an online payment.
Your order payment will be processed if you have enough balance in your account

Coinvest provides economic independence to make any transaction within seconds. Its Customer Help provides an effective response when you report any error. Click here to see the contact details of NSFAS.

How to Check Balance on Coinvest?

Log in to your Coinvest account on their website to view your remaining funds(balance).
You can also use the Coinvest NSFAS app to monitor your account balance.