When we think about financial inclusion in the context of South Africa, we must remember the stark inequalities that still plague our nation emanating from our challenging historical origins. In a sense, financial inclusion is still seen as a right to some and a hard-to-access opportunity for others. With our financial solutions, designed to cater to all South Africans, we’re slowly changing this narrative, one customer at a time.
Our financial products and services are an ecosystem of convenient digital personal finance and business solutions for your everyday transactions. Our products are specifically designed to be flexible, affordable and accessible to more people than ever before. We provide lending, insurance, payments and other financial services to businesses and consumers no matter the network they are on.
Our solutions bridge the gap between the “haves and have nots” across a multitude of digital and online platforms. We use innovative methodologies to provide financial services to those who struggle to access lending solutions in the traditional banking space.
What we offer our consumers:
Airtime Advance – Allows Vodacom customers to access airtime when they don’t have any cash. This way you can access amounts from R5 to R15 depending on your credit scoring as determined by your telco data. Airtime Advances are repaid on the next recharge.
Data Advance – Data Advance works on the same principle as Airtime Advance. But in this case, we advance data to the customer which they can use and pay for the next time they recharge.
Voucher Advance – Voucher Advance is a South African first, which enables customers to get their purchases instantly and make payment at a later time.
VodaLend Compare – Accessible through the VodaPay super app as well as on the web, this service allows customers to compare personal loan quotes from some of the country’s most well-respected lending solution providers. Customers can tailor a loan offer to suit their requirements and access the funding quickly and easily.
Wait…there’s more:
In addition to that, we have another consumer product called Cash Advance. Customers can take cash advances in small increments from R50 up to R500 just to keep things moving when cash is tight. With its unique approach to credit assessment, Cash Advance delivers on our financial inclusion promise to provide access to formal financial services to a broader segment of the population.
Through the VodaPay super app you can go shopping, send money, pay bills and even access our VodaLend solutions all in one place. We offer an electronic wallet that grants you access to a ‘one-stop shop’ for personal and business digital solutions. Visit the Google Playstore, Apple iStore or Huawei AppGallery to download VodaPay today! VodaPay is available on all networks.
