…Or do you?
Snapscan was launched by Standard Bank in an attempt to digitalise payments by eliminating usage of cash and cards for both customers and vendors. In fact, vendors don’t even need to have an existing bank account to take advantage of the technology. They’re able to make use of Standard Bank’s Instant Money solution by which a voucher is issued and can be redeemed for cash at Standard Bank AccessPoint ATMs and even Spar outlets.
The app is completely free to download for iOS, Android and Blackberry 5, 6 and 7. And an easily navigable interface makes payments as easy as scanning the QR code, punching in the amount and your pin, and pressing the pay button. What’s more, while Snapscan is a product of Standard Bank, customers are able to use any Master Card, Visa credit cards and debit cards from any bank to transact using the app. You’re not excluded from benefiting if you’re in business with another bank.
One of the more exciting implementations of Snapscan has been in the car park industry in Cape Town. People in the city are now able to pay car park marshals using the app. As part of a partnership with Street Parking Solutions, all marshals in the City Bowl district now carry Street Parking Solution and SnapScan bibs.
Snapscan is proving to be a significant innovation for the way small businesses are run in South Africa, and growth is expected to continue, with Ehlers and the team introducing new features in the months to come. Have you downloaded Snapscan and are making use of it at your local stores?
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