SASSA has initiated a new payment system that is more easy to use with enhanced security features. Nearly 60 million people in South Africa benefit from the SASSA grants. The SASSA grant targets different categories of people for financial aid. People have faced several issues with the old SASSA payment systems and they have to opt the long travels to activate the old payment system.
Now SASSA has started the digital payment systems in collaboration with EasyPay. The SASSA will cover the whole of South Africa with the digital payment network. SASSA will give access to an independent digital account that a person can manage himself. Get full details for the New SASSA digital payment system below.
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Understanding SASSA Grant Payments
SASSA is a South African agency that supplies financial aid to eligible persons who need money. SASSA covers 45% of the population of the country. The SASSA grants target groups like Children, Foster children, old age people, and unemployed persons. Currently, the payment system of SASSA has some flaws and people will be happy with the introduction of a new payment system of SASSA that is digital.
Features of the New SASSA Digital Payment System
The SASSA has collaborated with EasyPay Everywhere to develop a new payment system for the beneficiaries of various grants. The major plus points of the SASSA new payment system are here.
- Multiple Access Channels: SASSA will provide multiple ways to access the payment system to use the grant amount. People can use the facility of ATMs and retailers, or they can now use online accounts to check their balance or spend money. The remote areas people will be happy with the online system as they do not need to go for long distances.
- 230 Branches Nationwide: EasyPay will implement the new digital payment system of SASSA with 230 branches across South Africa. Along with these branches, there will be mobile agents that will work in remote areas to solve the daily routine needs of the people.
- Secure Digital Accounts: The new payment system of SASSA is a completely secured one, you can trust it. Many security protocols are followed in the new payment system.
- Access to Financial Products: People can use their money digitally they can apply for a loan online, using the money for shopping, and they can also go for insurance plans.
Advantages of New Payment System for SASSA Beneficiaries
SASSA has launched a new payment for the perspective of the benefit of users. The following are the key benefits for the SASSA users.
- Reduced Need for Travel: The digital payment system does not require the person to come to pay points anywhere. The money will get transferred to the bank account and you can use it wisely.
- Enhanced Security: SASSA’s new payment system is secured. There is no fear of loss of large sums of cash during the traveling.
- Financial Inclusion: SASSA will include special services on a single platform. The people can access the loan accounts, and insurance accounts in a single place, and SASSA will also cover the funeral expenses.
Comparison of Old and New SASSA Payment System
| Comparison | Old SASSA Payment Method | New SASSA Digital Payment System |
|---|---|---|
| Where to Access |
|
|
| Physical Presence Requirements | High | Low |
| Security factor | Less while the time of Cash Handling | Digital Transactions are safe |
| Financial Products Access | Very few products | Many like Loans, Insurance, Savings, and others |
How to Use the New Payment System
The process of using the new payment system of SASSA is easy. You can get an idea of the use with the below details.
- Open a Digital Account: The new payment method is started with the help of EasyPay Everywhere. Visit the nearest branch of the company. They get the card from them and activate the card. Then link the card with the digital payments system in your phone.
- Access Grants: SASSA will support the ATM use with the new card. The user can use the online SASSA account to buy products, groceries, pay bills, etc.
- Apply for Financial Services: People can now apply for various services using the SASSA new card. You can apply for loans or insurance. SASSA card will be valid everywhere.
The new payment method of SASSA is advanced and includes all the modern technology features. The beneficiary of SASSA grants can access all the payments digitally now and use the money digitally. There is no need to carry cash or withdraw cash. It made the process simpler.
It is a fine example of combining digital technology with financial services. People will receive the SASSA grant each month and they will be able to spend money online. The people are guided to visit the official website of SASSA for the latest updates.