Value Proposition

End User/Account Owner

Easy Onboarding – Only ID, Passport or Asylum required
Receive Card Immediately
Transact immediately
Limit cash available on your Card via our Card Load Function
Send Money home (Anywhere in the world)
EFT In/Out
Free transactions Money247 to Money247 Accounts
No Debit Orders
Cash In & Out
ATM Withdrawals National and International
Deposits at Retailers
Withdrawals at Spaza Shops
No cash - Eliminate risks associated with public transport (theft/robbery,etc)
Complete Mobile Banking capability
Safe and Secure
Up to 3 additional Cards can be linked to the Money247 Account

Retailer/Spaza Shop

Cellphone Terminal - Receive payments from clients via Cellphone
Cash Out – Eliminating Cash Collections/Bank Deposits of cash receipts (Prevention of Robbery/Theft,etc)
Huge savings on transactional costs on Cellphone
Saving on Payroll Costs iro transaction fees
Increase customer base by creating a Trading Community

Employee Benefit's

Easy Payment from Employer
Money available immediately
Prevention of becoming a victim of robbery on public transportation
Money Transfers to family
Money Transfers to Landlords,etc.
Complete Banking facility via our Mobile Application - Eliminating queuing at Banks

Businesses

Easy Staff Onboarding
Cost Effective Payroll administration
No Cash payments to staff or Petty Cash/Logistics/Petrol,etc
Supplier Cash Management
Eliminating Cash in Transits
Increase productivity
Ideal for labor intensive business types by implementing a Payroll Card

Other Benefits

Family Funeral Cover
Top up Funeral Cover
Cash Back Rewards Program
Discount on Airtime and Data