How to Do Cash Send on Capitec

Sending money via Capitecโ€™s Cash Send feature is quick, easy, and secure. Whether you need to send funds to a loved one or pay someone who doesnโ€™t have a bank account, this feature is perfect for you. Letโ€™s break down the process step-by-step so you can get started without any hassle.


What Is Capitec Cash Send?

Capitec Cash Send is a service that allows you to send money to anyone in South Africa, even if they donโ€™t have a bank account. The recipient can withdraw the money at any Capitec ATM or a participating retailer.


Steps to Send Cash Using Capitec

Using the Capitec App:

  1. Open the Capitec App: Log in with your secure credentials.
  2. Select “Transact”: Tap the menu option for transactions.
  3. Choose “Send Cash”: Select the Cash Send option from the list.
  4. Enter the Recipient’s Details: Provide the mobile number of the person youโ€™re sending money to.
  5. Enter the Amount: Specify how much money you want to send.
  6. Create a PIN: Choose a 4-digit secret PIN. Share this with the recipient, as theyโ€™ll need it to withdraw the cash.
  7. Confirm the Transaction: Review the details and confirm.

Using Capitec ATMs:

  1. Insert Your Card: Go to a Capitec ATM and log in with your PIN.
  2. Select “Send Cash”: Follow the on-screen prompts.
  3. Enter the Recipientโ€™s Mobile Number: Provide the correct number to avoid errors.
  4. Set a Withdrawal PIN: Choose a 4-digit PIN and ensure the recipient knows it.
  5. Complete the Transaction: Collect the slip and notify the recipient.

How the Recipient Withdraws the Cash

  1. Go to any Capitec ATM or participating retailer.
  2. Select โ€œCollect Cash Send.โ€
  3. Enter the OTP (sent via SMS) and the 4-digit PIN you created.
  4. Enter the exact amount to be withdrawn.
  5. Collect the cash.

Important Tips:

  • Ensure the recipientโ€™s mobile number is accurate.
  • Never share the PIN with anyone except the recipient.
  • The recipient must withdraw the cash within the specified time frame, usually 30 days.

Why Use Capitec Cash Send?

  • Convenience: No bank account needed.
  • Accessibility: Funds can be withdrawn from numerous ATMs and retailers.
  • Security: Transactions are PIN-protected.

Common Questions About Capitec Cash Send

Is There a Fee for Cash Send?

Yes, Capitec charges a small fee per transaction, which is deducted from your account.

What Happens If the Recipient Doesnโ€™t Withdraw?

The money is refunded to your account after the withdrawal period expires.


Capitec Cash Send is a reliable way to send money quickly and securely. Follow the steps above to send cash with ease and give your recipients the convenience of accessing funds without needing a bank account.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *