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Postbank Introduces New Sassa Grant Collection Method



Postbank Introduces New Sassa Grant Collection Method

For many Sassa grant recipients, May’s social grant payments are about to be paid out as the month draws to a close. Sassa grant payments can now be received through Postbank.

Postbank Introduces New Sassa Grant Collection Method

South African Post Office’s (SAPO’s) liquidation threatens to disrupt parts of the agency’s grant payments.The reason for this is that SAPO and its subsidiary, Post Bank, process social grant payments for all social grant beneficiaries who hold Sassa gold cards. Since Sassa gold cards have a limited lifespan, Post Bank was reissuing them throughout April as some of them expired.

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Around 175 000 Gold Cards expired in March, about 800 000 expired in April, and more are expected to expire in the following months, according to Post Bank Spokesperson, Bongani Diako. In addition, Diako said that the Post Bank has developed an alternative method for beneficiaries to receive their grant payments.

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  • What we have come up with as Post Bank is a method of paying all grant beneficiaries using a system that does not require a card, in order to circumvent the challenges that we have seen and ensure that grant payments are not disrupted

With their ID document and their card pin, beneficiaries with expired gold cards can collect their social grant at retail outlets such as Shoprite, Checkers, Usave, Pick n Pay and Boxer.

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