South Africa based microjobbing startup, M4JAM (Money for Jam) has entered into a new partnership with the South African nationwide retailer, Shoprite Checkers, to enable jobbers cash out their payments at any 990 Shoprite Checkers outlet across South Africa.
The new process of cashing out at Shoprite Checkers will eliminate the process of waiting for 48 hours between requesting a code and receiving a text message, and enable jobbers to request a code and receive it immediately.
In order to ensure the process runs smoothly, make jobbers aware that they can cash out at Shoprite Checkers stores, make them familiar with the new process and help the cashiers learn how the system works, M4JAM will be rolling out 3 000 jobs that will require jobbers to cash out at one of the stores.
According to M4JAM Chief Jammer, Andre Hugo, “Shoprite Checkers has a significant footprint across the country, giving our growing jobber community more opportunity to cash out at their convenience. Adding an additional 990 retail stores will make a huge difference.”
“We are constantly looking for ways to change the world and the combination of easy access, real-time cash outs for jobbers, and solving a national retailer’s challenge of moving cash is an ideal way to demonstrate value and grow the South African economy”, he said.
Banking and Payment Systems Manager at Shoprite, Tremaine Hechter, said, “Partnering is a great way for us to move cash out of our system. It’s even better that we can be part of the collaborative economy through our association, and play a role in helping hard-working South Africans make ends meet.”