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Long lines outside South African Post Office (SAPO) payment points will soon be a thing of the past with the help of an electronic voucher system.
The Post Bank and the Post Office have jointly developed an electronic coupon payment system for recipients of the monthly Sassa grants and the Covid-19 Special Relief of Distress grant, amounting to R350.
The electronic coupon system will allow grant recipients to collect their coupons at points of sale.
The Minister of Communications and Digital Technologies, Stella Ndabeni-Abrahams, has emphasized the importance of speeding up the digitization of the banking service to alleviate long lines outside the payment points.
This after he visited a local post office in Mbizana, Eastern Cape, last week and witnessed grant recipients queue up at dawn to receive their special grant payment.
Last week, the Cabinet announced the appointment of non-executive directors of Postbank and Post Office, respectively.
Ndabeni-Abrahams said these appointments come at a time when stability is urgently needed within these institutions.
The mandate of these institutions is fundamental, in line with the government’s basic infrastructure and services development objectives.
The Postbank is required to establish a presence with unbanked and underbanked communities to promote financial inclusion. In its primary mandate, the Postbank is positioned to be a key player in promoting financial inclusion for the financially underserved.
The South African Post Office is tasked with promoting economic growth by providing postal, logistics and retail products and services at competitive prices.
Read: The Real Cost of Coronavirus Pay Holidays in South Africa
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