#HandsOffOurGrants in the Media

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Sitting Bucks: Damning survey explains how Net1 benefits from close proximity to social grant recipients

"One of the spin-offs of the relationship between Sassa, Net1 and its subsidiary, Cash Paymaster Services, has been the easy and lucrative access the US-listed company has had to some 17-million South Africans who receive social grants. Net1 subsidiary, Moneyline, offers grant recipients loans, often without requesting proof of income and on condition that they open an EasyPay Everywhere Account and use this card instead of the Sassa card. A shocking survey among grant recipients last year highlighted several problematic practices."

Read morehttps://www.dailymaverick.co.za/article/2018-02-28-sitting-bucks-damning-survey-explains-how-net1-benefits-from-close-proximity-to-social-grant-recipients/#.Wrd4Vi5ua1u

Tags: #HandsOffOurGrants