At least 100 000 additional social grant payments are going into Shoprite's Money Market accounts every month as Postbank system issues continue to cause widespread disruptions for hundreds of thousands of beneficiaries.
Sassa beneficiaries waiting in long queues outside the Willowton Post Office to collect their social grants.Shoprite says an additional 100 000 social grant payments are signing up for Money Market accounts each month.
Jean Olivier, general manager of Shoprite's financial services division, told News24 on Tuesday that the retailer had noticed a surge in beneficiary payments recently as system glitches at Postbank intensified. Given that the issues at Postbank are not expected to improve in the short term, Olivier said Shoprite was urging customers to either choose to use the group's Money Market accounts or another bank to receive Sassa deposits:
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