CPS gives its assurance that no grant beneficiaries will be ‘prejudiced’
Net1 subsidiary Cash Paymaster Services (CPS) has assured the public that payments will be made to 10.5-million eligible grant recipients on April 1. CPS also said that no beneficiaries would be "prejudiced"‚ a legal expression meaning disadvantaged. The company has been accused of passing on beneficiaries’ personal information to other companies owned by its parent company‚ offering them airtime‚ electricity‚ microloans‚ and insurance. "As at [Monday]‚ day seven of the 12 days required to process the payments‚ CPS is on track with this commitment. The Constitutional Court ruled [on March 17 2017] that CPS’s contract for the issuing of social grants will be renewed for a further 12 months‚" the company said in a statement issued on Monday night. It said the bank accounts of all eligible grant recipients would be credited on April 1.
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