Collect your cash with OTT and Nedbank cardless send
Accessing your cash has now been made easier and secure by OTT and Nedbank Cardless Send. This is how it’s being done.
Many can understand why millions of South Africans choose cash. Cash is simple, handy, and hassle-free. You can budget with cash and buy the goods you really need from your neighbourhood.
OTT Collect has teamed up with Nedbank to give millions of South Africans who use cash a simple method to collect their money.
You won’t need to go far, stand in line, or take precious time away from your friends and family while using OTT Collect. You simply have to give the cashier the voucher PIN at your nearest spaza or retail store to receive your money right away.
Here is how you can do this.
About Nedbank Cardless Send
Regardless of whether the recipients are Nedbank clients or not, Nedbank users can send money to them quickly and conveniently using the Cardless Send option.
Recipients can withdraw cash from any Nedbank ATM or from a variety of retail locations by inputting a secure voucher number and a one-time password.
The bank already collaborates with Shoprite, Checkers, Usave, and OK Shops, and in the upcoming years, it plans to broaden its reach across the nation.
These adjustments are in keeping with Nedbank’s ongoing dedication to ensuring that customers who want to use convenient and affordable cellphone banking may now also benefit from other features offered by this well-liked platform.
Nedbank has extended this feature to include the Payment Network from OTT 4 Me, allowing the more than 2 million South Africans who use OTT Voucher to collect their cash from informal retailers and forecourts in their local communities.
This is an important step in allowing unbanked, cash consumers in the South African economy to access their hard-earned money in the way that best suits them.
How to use OTT Collect and Nedbank’s Cardless Send
By using the Cardless Withdrawal option, Nedbank customers can send money to anyone, whether or not they are also Nedbank customers.
By entering a secure OTT Voucher PIN and a One Time Pin, cash can be withdrawn from any Nedbank ATM or from a number of different businesses. Follow these three easy steps to make it even simpler:
- Nedbank will send you a Cash Send voucher PIN.
- Next, decide where you want to collect your cash. This could be at your local Spaza store, tuck shop, or wherever sells airtime in your community.
- Go to the cashier, give them the voucher PIN, and they will hand over your cash.
Benefits of using OTT Collect and Nedbank’s Cardless Send
By using OTT Collect and Nedbank’s Cardless Send, you can get your cash from local spazas or neighbourhood stores without having to set foot in a bank.
This is a great option for the millions of unbanked South Africans who prefer to be paid in cash. Employers can arrange to send cash directly to their employees using this system while individuals can send money directly to their loved ones at the nearest and most convenient locations.
