How Pep Money Transfer Works
Pep opened its first store in South Africa in 1965 in De Aar in the Northern Cape. Today the retail giant has more than 1870 retail stores and is the largest single-brand retailer in Southern Africa.
The company, which employs 15 000 people, also owns a clothing factory in Cape Town and manufactures most of its school wear.
In addition to selling clothing, homeware and school wear, the company has diversified its product and service offering to include mobile phone services as well as money transfer services.
Pep Money Transfer is a simple solution for individuals who may be looking to send money to family or friends across borders or even within South Africa. Numerous people remain unbanked in South Africa- something which has prompted many financial institutions to create alternative money transfer solutions.
Pep Money Transfer seeks to service this part of the population as well as those individuals who opt for cheaper ways to send money by bypassing costly bank charges.
How Pep Money Transfer works within South Africa:
Each transfer costs R9,99 and can also be done at any Shoprite, Checkers and USave. This is in addition to the Pep, Pep Cell or Pep Home stores through which you can transfer money.
All you have to do is give the cashier the details of the person to whom you are sending money as well as how much you want to send. You will then receive 2 SMSes on your cell phone, your withdrawal number and your access code. You can then send the receiver the 10 digit withdrawal number and the 4 digit access code and tell them how much money you have sent.
What do you need to transfer money?
- Your South African ID
- Your Pep Clubcard
- Your cell phone number
Transfers can also be made to African countries including Zimbabwe, Malawi, Zambia and Kenya. You will need your ID to register for Mukuru. You can then expect to receive an SMS within 48 hours if your registration is successful.
For more information about Pep Money Transfer call: 0860 77 77 65.
