Shoprite Group launches GetPaid, enhancing small business payments

SOUTH AFRICA – The Shoprite Group has unveiled GetPaid, a new digital platform designed to streamline invoicing and payments for small businesses. 

This self-service platform allows users to manage transactions efficiently without the need for additional hardware or costly card machines.

By leveraging Shoprite’s existing payment infrastructure, GetPaid empowers small businesses to generate digital invoices, payment links, and QR codes directly from their phones or computers. 

It also provides a user-friendly dashboard for tracking cash flow and processing bulk payments.

Convenience for businesses and customers

Customers can settle payments instantly using various methods, including card payments, Money Market Accounts, Snapscan, Zapper, ScanToPay, or in cash at any of the 29,000 Shoprite, Checkers, or Usave till points nationwide. 

This accessibility is especially beneficial for businesses serving cash-preferring customers.

“GetPaid is a fast, reliable, and cost-effective solution for small businesses, whether you’re a contractor, freelancer, school administrator, or market stall owner,” Jean Olivier, General Manager, Financial Services at Shoprite Group, described the initiative as a significant milestone.

How it works

Registering for GetPaid is straightforward. Businesses can sign up at mymoneymarket.co.za/getpaid, complete a quick Know Your Customer (KYC) and FICA verification process, and begin creating customized invoices and sending payment links through SMS, email, or WhatsApp.

The platform operates on a pay-as-you-use model, with no setup or monthly fees. Payment processing fees range from 2.85% to 3.50%, depending on the transaction method.

To ensure security and scalability, Shoprite has partnered with Pay@, a leading South African payment aggregator, to deliver a robust and trusted platform.

Enhanced POS systems for seamless transactions

Shoprite recently completed its largest-ever point-of-sale (POS) system implementation, enhancing efficiency at its 29,191 till points across South Africa. 

The new POS system features larger, color-coded screens and an intuitive interface, improving transaction speed and cashier productivity.

Customer service has also been upgraded with seamless refund processing directly at the POS, providing a smoother shopping experience. Furthermore, a streamlined cash management system reduces cash-up times by 60%, enabling employees to conclude their workdays more efficiently.