Are you looking for a simple and convenient way to send money to family members? The Shoprite Money Transfer service enables you to send money quickly and easily.
This service from Shoprite is somewhat similar to the Checkers Money Transfer, Pick n Pay and PEP Money Transfer services.
Shoprite is transforming its Money Market Account into a more traditional bank account. Customers could previously only put money into these accounts to pay for utilities and groceries, but they may now transact with them, according to the retailer.
The account performs nearly all of the functions that many individuals use bank accounts for, including depositing money, transferring money to others, and making withdrawals.
Because Shoprite has locations all across the country, you may transfer and receive money at any of them.
Shoprite further believes that its extended retail hours, which are longer than those of banks, would benefit it, as customers may visit its stores seven days a week and on holidays.
Shoprite is South Africa’s largest retailer and a licensed financial services provider. Money Transfer is used by many of their clients to send money to family and friends.
The Benefits and Features of Shoprite Money Transfer
Individuals may send money up to R5 000 per day and R25 000 per month using the transfer service, which is quite convenient. There are no exorbitant bank fees for withdrawals, and money may be collected at any Shoprite teller for free.
The service just costs you R9,99 per each transfer as a service fee. For example, you may transfer R5 000 for only R10, which is significantly less than the bank.
So, how can I transfer money using Shoprite Money Transfer?
Shoprite shops may be found throughout South Africa and Lesotho. To send money to your loved ones simply follow these simple steps:
– Make your way to the money market kiosk at Shoprite, or any cash register.
– Inform the cashier you’d want to send money using Money Transfer.
– Provide the cashier with your identification, as well as the amount you wish to transfer, the R9,99 service charge, the recipient’s phone number, as well as the four-digit pin.
– The transfer voucher will be delivered to the recipient immediately, and you will be required to provide the pin.
No need to create a bank account to use the service, which is referred to as mobile banking.
How to collect money through Shoprite Money Transfer
– With your ID book, go to any till or Money Market counter at your local Shoprite.
– Provide the cashier the money transfer number and your secret PIN.
– You will receive the funds right away.
Instant EFT payments are now available through Shoprite’s Money Market Account.
Shoprite is the first supermarket in South Africa to provide an instant EFT service through their money market service.
Customers may send vouchers to another individual in just three easy steps using the EFT service. Senders need to input the recipient’s phone number and the amount they want to send. To transfer cash, there is no need to download an app.
Shoprite and Ozow developed this new service in record time – a secure and trusted way for consumers to send coupons to others.
The receiver must have a Shoprite Money Market Account, which may be obtained for free using the Shoprite app, USSD (*120*3534#), or WhatsApp (087 240 5709).
The money may then be used to buy power, airtime, data, or products and services in-store, or it can be sent to someone else via the Money Market Account.
Like Shoprite’s Virtual Vouchers, which were established immediately after South Africa’s first Covid-19 hard lockout last year, beneficiaries may use the monies to buy groceries or other necessities at any Shoprite, Checkers, or Usave shop. Unlike Virtual Vouchers, however, recipients can utilize Shoprite’s fast EFT service without visiting a shop.
There is no faster method to give another person vouchers than with Shoprite and Ozow’s banking solution, which is unlike any other service now on the market. The sender does not need to walk inside a store to use this service, and it is also free.
Contact Information for Shoprite Money Transfer
Visit the website at www.shoprite.co.za to learn more about the money transfer service. Otherwise, you may always stop by any Shoprite location for face-to-face engagement.
