Net1 clears any confusion – CPS will make grant payments 1 April
Net1 says Cash Paymaster Services will make payments to 10.5 million eligible grant recipients on the 1st April.
Net1 says Cash Paymaster Services will make payments to 10.5 million eligible grant recipients on the 1st April.
South African Welfare Minister Bathabile Dlamini denied she was responsible for failing to ensure plans are in place to dispense welfare grants to more than 17 million people when an existing disbursement contract with Net 1 UEPS Technologies ends on March 31.
Net1 has had some very bad publicity over the last few weeks, with a slew of articles criticising its practice of making various deductions to the social grants that it pays out using its proprietary payment solution, and for making what some have called predatory loans to social grant recipients. The kerfuffle has involved the … Read more