Vodacom has launched a new service dubbed Vodalend which allows its customers the ability to pay for meal or appliance vouchers now on credit and pay for it later.
According to the statement, Vodacom customers can access vouchers from two leading brands, such as Nandos, through Voucher Advance. Through the service, Vodacom customers can choose to ‘pay now’ and buy vouchers at a discounted rate or get an advance and ‘pay later’.
“Voucher Advance is yet another innovative addition to our lending product suite, which showcases our commitment towards greater financial inclusion within communities in South Africa,” says Mariam Cassim, Chief Officer of Vodacom Financial and Digital Services.
The vouchers start from as little as R25 interest free from a food outlet or a R250 from a retailer. Once a voucher has been issued, customers will have 30 days to pay back their Voucher Advance. Vouchers are valid for three years from issue date.
But there is a catch, to qualify for Voucher Advance, customers need to be active on the Vodacom network for at least six months as well as have a proven track record of buying airtime or data bundles.
To access Voucher Advance, customers need to download the My Vodacom App, find the My Account tab and click on Vouchers.
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