Social grant payments often serve as a main source of income for many people living in South Africa and are used to help families put food on the table and contribute towards their basic needs.
One of the main payment options available to grant beneficiaries is to collect their money at various retail stores across the country, including Shoprite Holdings.
However, Shoprite has recently announced that Sassa gold card beneficiaries can now switch their gold cards to a Shoprite money market account to receive their grant payments.
The retailer noted:
Sassa grant beneficiaries with gold cards expiring in the next few months can avoid long queues and payment mishaps by switching their payments, free of charge, to a Shoprite Money Market Account – South Africa’s lowest cost, fully fledged, transactional bank account.
Beneficiaries who opt for the switch can collect their monthly grant payments at Shoprite, Checkers or Usave stores around South Africa using their Shoprite Money Account.
How can I switch?
Sassa gold card holders can open a Shoprite money market account and switch their Sassa payments by following these easy steps:
- Register for a Shoprite money market account:
- Dial *120*3534# OR
- WhatsApp 087 240 5709 OR
- Visit the in-store Money Market counter OR download the Shoprite app.
- Sign in & download your Bank Confirmation Letter.
- Download the Sassa form or collect one at the Money Market counter in any Shoprite or Checkers supermarket.
- Take your printed Bank Confirmation Letter, completed Sassa switch form and original ID to your nearest Sassa office.
What are the benefits of a money market account?
- No monthly fees. Clients will only pay a flat of R5 fee for cash withdrawals. All other transactions are free.
- Clients have full control over their money through SMS payment notifications and real-time balance enquiries on their phone.
- Clients don’t pay any fees to send money, buy airtime, data, electricity, send grocery vouchers, pay bills and pay for groceries from their phones
- Skip long queues and high fees at ATMs by depositing and withdrawing cash at any of the more than 25 000 till points at Shoprite, Checkers and Usave supermarkets nationwide.
In addition, grant recipients will get up to R100 in Shoprite vouchers when their first Sassa grant of R800 or more, is paid into their Money Market Account.
Beneficiaries are reminded to keep their Sassa and Shoprite Money account details secure and notify the relevant authorities immediately if they suspect any unauthorized activity.
Should you have any questions or require further assistance, Shoprite has urged clients to reach out to them on 0860 010 709 or via email at mmasales@shoprite.co.za.
