Edward earns a living selling cold water, soft drinks and ice lollies where there is high demand for his product, especially during holidays and the heat of summer. His challenge however, is often the lack of cash on hand when his clients need it.
Thanks to continued innovation and digital developments, Capitec has provided a solution.
“There are a lot of people that don’t carry enough cash to pay, but I heard about Capitec’s facility and it’s the best way for my customers to pay. With Pay Me, the money goes directly into my account and there’s no problems,” shares Edward.
David Bulmer, Product Head of Digital Commerce at Capitec explains how it works. “Pay Me is a person-to-person payment solution launched recently by Capitec. It allows our clients to pay each other simply, securely and for free from Capitec to Capitec using our banking application. You generate your own personal QR code and then show that to somebody that wants to pay you. They then use our scan to pay feature that we launched last year, and that enables them to make a payment instantaneously and the money is in your account.”