Introducing paperless remitting for South Africa

Using *134*3042#, it is now possible to send money to Botswana, Zambia, Nigeria, Democratic Republic of Congo, Malawi, Kenya, Zimbabwe and Mozambique.  from a cellphone. All you need is a South African line and network. The USSD uses zero data.

You can register, select beneficiaries, and initiate the transaction all without leaving your home or place of work. For those without bank accounts yet, the USSD allows them to complete the transaction by paying in the cash amount at any PEP, Shoprite, Game, USave, House & Home, Ackermans, Checkers, PicknPay, SPAR, Boxers or Makro. It makes remittance completely paperless and works with any type of handset. Effectively this means that you avoid queues and paperwork normally associated with cash pay-ins. The system will generate a code known as an SCode, and you simply proceed with this to any of the partner stores, submit the SCode to a teller there, together with the cash amount and your receiver gets their money in Zimbabwe, instantly.

To this end, the new channel of distribution will be launched today in a bid to make remittance products and services available and affordable to a larger number of Africans living anywhere in South Africa.

The head of marketing for Access Forex, Tafadzwa Makichi, explained that the technological addition from the company is geared towards enhancing customers’ experience and ease of remittance transactions under the stable of Access Forex. She further added that the company will constantly look for ways in delighting its customers both in the diaspora and at home.