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M4JAM and Pick n Pay make cashing out even easier

| Innovation and technology

18 February 2016 – Microjobbing platform, M4JAM and national retailer, Pick n Pay are making it even easier for M4JAM jobbers to cash out their easy money.

The two parties have enjoyed a partnership since M4JAM launched in August 2014, but Pick n Pay will now be offering jobbers the ability to cash out instantly, for only R2.50 instead of R4. Eliminating the middle man, Pick n Pay is working directly with mobile point-of-sale platform provider, wiGroup, which provides jobbers with unique cash out codes, to allow for instant cash outs.
M4JAM Co-founder and Chief Jammer, Andre Hugo comments, “Our partnership with Pick n Pay thus far has allowed our jobbers to get hold of their money within 48 hours of receiving a wiCode. But when times are tough, it's no longer good enough to have to wait that long for your money – or, for that matter, pay R4 to get it. The new cash out process delivers on what our jobbers want, which can only make an already strong community even stronger and more engaged.”
Pick n Pay Deputy CEO, Richard van Rensburg explains, “As one of South Africa’s biggest retailers, Pick n Pay stores are the ideal location for jobbers to cash out at, and they come in to store daily to do so. But we want them to be able to do so in real time – because time is money! The added bonus of saving money on each cash out speaks directly to the needs of every South African to minimise unnecessary spending.”
To begin the cash out process, jobbers must select ‘Wallet’ and ‘Cash Out Money’ on M4JAM. After completing a cash out request jobbers will receive a wiCode via SMS, which they can take directly to the cashiers to receive their cash. Jobbers who elect to cash out at Pick n Pay or Boxer stores will automatically receive a R1.50 reward deposited back into their M4JAM wallet after successfully cashing out. The wiCode lasts for 24 hours and jobbers must withdraw the full amount of the wiCode.
“We are constantly looking for ways to change the world one microjob at a time,” says Hugo. “I firmly believe that listening to our jobbers’ feedback and making the microjobbing process as streamlined as possible is essential to helping us achieve this.”
Van Rensburg concludes, “It is exciting for us to be part of the collaborative economy and play a role in helping South Africans make ends meet. This new functionality speaks perfectly to M4JAM’s mission to not accept the status quo and I look forward to seeing many jobbers visiting Pick n Pay to get their cash even more easily.”

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