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Disrupting payday debt cycles
it-online.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from it-online.co.za Daily Mail and Mail on Sunday newspapers.
Survey shows we need a new approach to payday
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Saving may seem like a pipe dream in these times but it is possible
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May 24, 2021
Home-grown start up Paymenow is now offering its 50,000+ users the ability to buy food from Shoprite directly in the Paymenow app.
The company has expanded its offerings, just more than a year since it launched as a customised solution to offer South Africans responsible early access to a percentage of already earned wages.
Employees, who have signed up on the Paymenow app, have the ability to fund a Shoprite Money Market Account, which acts as a virtual wallet so that they can redeem their funds at any Shoprite, uSave or Checkers store as well as send grocery vouchers to family or friends anywhere across South Africa – at the touch of a button.
Hints and tips on how to Avoid the festive season debt trap
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