Shoprite has launched its new Money Market Account, a free transactional account to give customers more ways to save, send or spend their money.
The Money Market Account is available on the new Shoprite app or USSD and its main benefits include:
* No monthly fees, no load fees, no transaction fees.
* No debit orders - customers are in full control of their money.
* No forms, no fees, no FICA - anyone can open an account.
The company says with a Money Market Account, customers can now access many of the services available at the in-store Money Market counters, such as paying utility bills, buying airtime, data and Savings Stamps, as well as sending and receiving money.
The Money Market Account will also allow customers to transact online, including at Computicket, where they can book bus tickets online or watch their favourite streaming events.
Jean Olivier, General Manager: Financial Services for the Shoprite Group, says: “Money Market is a brand that our customers have come to love and trust over the years.
“We are extending its services to help our customers to transact securely and to save, as we are acutely aware of the importance of saving at this time.”
Businesses of any size can also use the Money Market Account to process bulk payments, including rewards, incentives and grocery vouchers.
Recipients only need a cell phone to access their funds.
You can download the new Shoprite app from the App Store or Google Play Store, or dial *120*3534#.