Shoprite launches Money Market Account to allow customers to do multiple transactions

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Shoprite has launched a free transactional account called Money Market Account, to give customers more ways to save, send or spend their money. busrep

The Money Market Account is available on the new Shoprite app or USSD and its main benefits include:2. No debit orders - customers are in full control of their money.With a Money Market Account in their pockets, customers can now access many of the services available at the in-store Money Market counters, such sending and receiving money.

“Money Market is a brand that our customers have come to love and trust over the years. We are extending its services to help our customers to transact securely and to save, as we are acutely aware of the importance of saving at this time,” said Jean Olivier, General Manager: Financial Services for the Shoprite Group.

The Money Market Account, which replaces the basic Shoprite Money product launched in May 2018, will grow to have most of the transactional capabilities of a full banking account.

 

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