Bulk Money Transfer | Shoprite Money Market
BULK MONEY
TRANSFERS
Bulk Money Transfer

With this convenient Shoprite Money Market service, your business can send cash to multiple receivers quickly and easily. The people you’re paying can collect their money at any Shoprite store close to home, making it a safer option than having to travel with cash or cheques. It’s also a great alternative if the recipients don’t have bank accounts of their own.

This payment method is especially ideal for business owners who are looking for a safe and convenient way to pay staff salaries. After an easy registration process, all you have to do is login to the dedicated bulk money transfers website, upload a file with the receiver’s details and make your payment. 

How to register

For once-off registration, you just need to fill out an application form, provide us with proof/confirmation of your banking account, as well as a sample tax invoice.

Once the form’s completed, all that’s left to do is to email or fax it to us using the contact details on the application form. After this, we’ll send you an email with your login details for the dedicated payment portal.

Benefits of Bulk Money Transfers

  • You don’t have to pay any monthly admin fees.
  • It’s simple, easy and cost-effective.
  • The money can be collected from any Shoprite, Checkers or Usave store in South Africa.
  • Most people don’t have time to go to the bank during the working day. Shoprite stores stay open until later than the banks do, which means cash can be collected at a more convenient time.
  • The receivers don’t need bank accounts.

Please take note:

The transfer limit is R5 000 per employee, per file (with the receiver’s details). The monthly limit is R25 000 per receiver of the money. However, there is no limit on the total file value. Just keep in mind that you will have to pay R9.99 per ID number on the file (with the receiver’s details).

Apply now if you’re looking for a convenient, safe and cheap option for making multiple payments.

Already registered? Login here   

 

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