In today's world, sending money to someone is as easy as pressing a button. With the Capitec app, you can now send pop (payment on presentation) to anyone in South Africa, making banking more convenient than ever before!
What is Pop?
Pop, or payment on presentation, is a payment notification that allows someone to be paid after they have rendered a service or delivered goods. Pops are commonly used in South Africa for trade transactions, where the seller insists on receiving payment before the goods are released to the buyer.
How to Send Pop from Capitec App
Step 1: Login to Capitec App
The first step in sending a pop is to log in to the Capitec app on your mobile device.
Step 2: Select Pop Money Transfer
Once you have logged in, select the "Transfers" tab and tap on the "Pop Money Transfer" option.
Step 3: Enter Payment Details
Next, you will need to enter the payment details, including the recipient's name, cellphone number and the amount you wish to send. Make sure that all the details are correct before you proceed.
Step 4: Confirm and Send
Finally, confirm the payment details and tap "Send" to complete the transaction. The recipient will be notified of the pop via SMS, and they will be able to claim the funds once they have provided proof of service or delivery of goods as agreed upon.
Benefits of Using Pop
Sending pop from the Capitec app has many benefits, including:
- Convenience: Pop money transfers can be done from anywhere, at any time, as long as you have an internet connection and a mobile device.
- Secure: Capitec uses the latest security measures to protect your account and personal information when sending pops.
- Cost-effective: Sending pop from the Capitec app is cost-effective compared to other forms of money transfers, especially when dealing with suppliers or contractors.
Conclusion
The Capitec app is revolutionising banking by making it more convenient to send pop to anyone in South Africa. With easy-to-use features, secure payments, and cost-effective fees, sending pop has never been easier.
