Shoprite courts grant beneficiaries
Its Money Market account is helping thousands to access financial services
Shoprite wants to process about 40% of social grant payments as more beneficiaries switch to the group’s Money Market account for access to their money.
About six months ago, Shoprite opened its Money Market account for social grant beneficiaries, and thousands flocked to its stores to sign up with the retailer after a technical glitch at Postbank led to delayed payments for some recipients...
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