Following Pick ‘n Pay’s launch of a new point-of-sale service called Deposit @ Till, the functionality has been extended to include the Pick ‘n Pay Group’s Boxer Stores. Deposit @ Till enables customers to make direct cash deposits into their bank accounts at any Pick ’n Pay and Boxer store countrywide.
Deposit @ Till was developed by Efficacy Payments in partnership with Transaction Junction, with Absa as the sponsoring bank.
Efficacy Payments managing director Andrew Marsh says there is still a large need to expand customer access to financial services: “A significant number of wage earners still get paid in cash on either a daily, weekly or monthly basis. 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.”
With Pick n Pay and Boxer’s significant national footprint and daily, longer trading hours, the Deposit @ Till service will now enable customers to deposit wages and other funds into any Visa or Mastercard linked bank account.
Platform: South Africans wanting to use this service simply need to go to their nearest Boxer store to make a deposit.
Expect to pay: A free service, but users may incur banking fees for depositing cash.
For more information visit https://www.boxer.co.za/boxer-services/deposit-cash/
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