M4JAM and Shoprite Checkers team up for in-store cash outs
By Staff Writer 8 May 2015 | Categories: newsM4JAM (Money for Jam), the microjobbing startup, has announced a new partnership with national retailer, Shoprite Checkers to make it even easier for jobbers to get hold of their extra cash wherever they are, in real time. The new cash out system is officially live from yesterday following a rigorous development and testing phase.
Jobbers will no longer have to wait 48 hours between requesting a code and receiving their SMS. The new process, which is only available at Shoprite Checkers, will enable jobbers to request a code and receive it immediately.
How to cash out at Shoprite Checkers
While the cash out process at Pick n Pay and Boxer stores remains the same, the process is slightly different for jobbers cashing out at Shoprite, Checkers, Shoprite Hyper, Checkers Hyper, uSave and LiquorShops. All jobbers will have access to a new wallet, giving them the opportunity to cash out at whichever retailer they choose, by making the selection on the M4JAM Official Account (OA) on WeChat.
To begin the cash out process, jobbers must select ‘Wallet’ and ‘Cash Out Money’. They will then be asked whether they want to cash out at Pick n Pay or Boxer, or at Shoprite, Checkers or uSave. When the jobbers selects the Pick n Pay option they will be advised that they will receive a WiCode via SMS within three working days. However, when selecting the Shoprite option, they will automatically receive their WiCode on the OA, which they can take directly to the cashier to receive their cash. The WiCode lasts for 24 hours and jobbers must withdraw the full amount of the WiCode.
To ensure that jobbers are aware that they can cash out at Shoprite Checkers stores and that the process runs smoothly, M4JAM will be rolling out 3000 jobs requiring jobbers to cash out at one of the stores. This will help jobbers familiarise themselves with the new process, as well as help the cashiers learn how the system works.
Speaking about the partnership, M4JAM Chief Jammer, Andre Hugo, says: “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.” He adds, “What is even more exciting is that along with adding these new cash out points, we are also introducing a real-time element to the cash out process.” He concludes, “This is just the tip of the iceberg of the sort of solutions we are launching this year.”
Most Read Articles
Have Your Say
What new tech or developments are you most anticipating this year?