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Need to deposit money? You can now do so at any Pick n Pay till

Pick n Pay has announced the launch of its Desposit @ Till technology, which allows you to deposit cash into your bank account using checkout tills.

This was made possible thanks to a partnership with Efficacy Payments and Transaction Junction as Pick n Pay wants to  make it easier for those who earn wages in cash to deposit their earnings.

“Deposit @ Till enables South Africans to deposit funds directly into a card-linked bank account at till points at participating stores, including Pick n Pay and Boxer stores countrywide,” the company said in a press release.

“A significant number of wage earners still get paid in cash on either a daily, weekly or monthly basis,” Andrew Marsh, Managing Director at Efficacy Payments, says.

“By the time they finish work and get paid, most traditional bank branches are closed and cash accepting ATMs are few and far between.  This leaves wage earners vulnerable to criminal elements as they make their way home.”

The deposit service allows you to deposit cash into a bank account linked with a Mastecard or Visa card. 

Pick n Pay notes that only allows 10 banks so far but it has plans to roll out support for the remaining banks in future.

Cashiers assist with the deposit and provide a till slip for proof of the transaction and customers will be able to use this service at all Pick n Pay stores, including PnP Express, Clothing, and Liquor stores.

 

Written by: Staff Writer.

Guzzle Media 

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