Pep Money Transfer
Pep Money Transfer enables one to do money transfers in South Africa, as well as cross-border at any PEP, PEPcell, and PEPhome.
How Pep Money Transfer Works – Pep Money Transfer Withdrawal
» Take your SA ID book or ID card and cell phone number to your nearest PEP Stores
» The cashier will ask you to enter 4-digit pin number in store. This is a number of your choice.
» The cashier will give you the cash slip containing your withdrawal number
» Send the receiver the 10-digit withdrawal number and the 4-digit pin and tell them how much money you have sent.
» The money can now be collected at any Shoprite, Checkers, USave or ABSA ATM
Limits and Fee Structure
» You can send up to R1000 per transaction
» With multiple transfers, you can send up to R3000 per day and R25000 per month
» A fixed fee of R9.99 per transaction is payable
Customer Support 0860 77 77 65
Pep Money Card – Pep Money Card How Does It Work
The PEPmoney Card is the SAFEST, MOST AFFORDABLE way to save your money. The PEPmoney Card is a bank account, supported by ABSA Bank. It is a debit card, allowing you to save money for FREE, and transact from your account using your Gold Debit Card, you can also use your cell phone for various transactions.
What Can I Do With My PEPmoney Card?
» Deposit money for Free at any PEP store.
» Have your salary/wages paid directly into this account.
» Earn 3% interest per year.
» Pay for goods or services.
» Do FREE cell phone banking. Dial *130*737# to check your balance, buy airtime and data, buy electricity, and pay accounts/bills.
» Send money to another PEPmoney account for R1.25
» Send money to anyone from your cell phone and collect at any ABSA ATM, Shoprite, Checkers or Usave.
How to Get your card today
» Bring your SA ID book, cell phone number and R20 for your first deposit.
Pep Money Card is the safest, most affordable card
» Your first card is FREE.
» NO monthly fees.
» Load money for FREE.
» Unlimited FREE balance enquiries from your phone.
» Shop and pay with your card for FREE.
» Your card has a secret PIN, keeping your money safe even if your card is lost/stolen.
» Safer than carrying cash.
» Get started
» Load a PEPmoney token
» Buy a PEPmoney token at your nearest PEP store.
» Follow the instructions on the token. You will need to Dial: *130*737*2274*16 digit TOKEN PIN »Code#, then follow the prompts to load your PEPmoney token on your cell phone.
» When you load your first PEPmoney token, you will be required to set your secret PIN code on your cell phone.
» Deposit money directly into your PEPmoney account
» Using your account details, pay your salary or wages directly into your PEPmoney account.
Pep Money Account Pricing
PEPmoney account limits
» Monthly account balance may not exceed R25 000
» Daily withdrawal and transaction swipe limit R1 500
» Monthly transactions may not exceed R25 000
Please remember that if you reach the account limits (above), your account will be put on hold until you visit your nearest Absa bank.
Register now for mobile transactions by dialling: (FREE) *130*737#
|Cell Phone Transaction||Cell Phone Transaction Fee|
|Deposit via Token load||FREE|
|Bill payment (e.g. DStv, SABC)||FREE|
|Money Transfer – Send money from one PEPmoney card account to another PEPmoney card account||R1.25|
|Cash Send – Cash out at any PEP store, ABSA atm, Shoprite or Checkers||R8.45|
|Retail transactions||PEP fee|
|Purchases with PEPmoney card||FREE|
|Cashbacks at PEP with any purchase||R1.60|
|Cash withdrawal** at other retailer||R1.60|
|Cell phone number change||FREE|
|ATM transactions||ABSA ATM fee|
|Card PIN reset||FREE|
|Cash deposit* ATM||R4.50 + R1.50 / R100|
* Cash withdrawals not applicable on ABSA cash express ATMs, SASWICH transactions not permitted
Pep Money Transfer Queries
What do I need to open a PEPmoney account?
» You must be 18 years or older to open a PEPmoney account
» Visit any PEP store
You will need:
» Green Barcode ID or Smart ID card
» Your cell phone
» A minimum of R20.00 is required for your first deposit to activate the account
What can I do with my PEPmoney Card?
» Deposit money into your PEPmoney account
» Save money for a specific reason/event (Christmas, birthday, school fees)
» You can shop without carrying cash; use your PEPmoney Card to purchase goods or services at most retailers.
» Withdraw money from an ABSA ATM
» Use your Gold debit card to do cashbacks at certain retailers
» Pay Your bills from your cell phone (DSTV, SABC, Municipal Account and more)
» Send money from your cell phone to another PEPmoney account for only 99c
» Send money from your cell phone and cash out at any ABSA ATM, Shoprite or Checkers
» Buy airtime, data or prepaid electricity using your cell phone – no extra cost
What makes PEPmoney card different to any other bank account?
» No monthly fees
» Free embedded Funeral Cover to the value of R5 000
» Cheapest money transfers
» Free deposits at any PEP store
» Safest card in South Africa – your card can only be used with its secret pin
» Free balance enquiry via cell phone
» Free cell phone banking access
» No costs for closing your account
» Your first Gold Debit Card is FREE
» No hidden costs
How do I access the cell phone banking service?
» Dial *130*737# from your cell phone
» Select the option “PEPmoney Card”
» Select any option from the menu
»»» Buy Prepaid
»»» Pay Bills
»»» Get Loan
»»» Free Funeral Cover
»»» My Account
Can anyone get a PEPmoney Card?
Unfortunately not, you need to be 18 years or older with a valid South African ID. The issuing of the PEPmoney Card is also subject to the necessary regulatory requirements that must be validated.
Where can I use my PEPmoney Card?
The PEPmoney Card is a Maestro Debit Card. The card can be used for purchases at any retailer or business that accepts Mastercard. The PEPmoney card should be accepted at most retailers in South Africa.
How do I load/deposit money into my PEPmoney Account?
»Load a PEPmoney Token
»»» Deposit money for free by buying a PEPmoney Token from any PEP store. Load the token using your cell phone and the money will be deposited immediately into your PEPmoney Account. The PEPmoney Token has a 16 digit (secret) PIN which is found on the till slip. The process works similar to that of loading prepaid airtime onto your phone.
»»» To load the PEPmoney token dial: *130*737*2274*16 digit PIN #
Note: You need to be a PEPmoney customer to purchase a PEPmoney token. Remember to take your PEPmoney Card with you when purchasing a PEPmoney token. PEPmoney tokens are not refundable.
»Direct account transfer (pay your salary/wages directly into the PEPmoney Account)
»»» You can deposit money directly into your account. Simply provide your account number and ABSA universal branch code to the person that needs to do the account transfer.
»»» Your employer can pay your salary/wages directly into your PEPmoney Account.
Do I earn interest on my PEPmoney Card?
YES – earn 3% interest per annum, calculated daily on your nett account balance. Interest will be paid out monthly into your account.
What are the fees on my PEPmoney Card?
» No monthly fees
» See PEPmoney Card Pricing above for a list of transactional fees
Can I have more than one PEPmoney Card?
Unfortunately not, each PEPmoney Card is linked to one person (with a valid ID), thus you can only have one PEPmoney Card account. The FICA regulation only allows one PEPmoney Card account per person.
Are there any reasons why I will not be able to open a PEPmoney Card account at PEP?
» If you have an invalid ID.
» If you are younger than 18 years.
» If you have an existing Exemption 17 Type account at ABSA.
» If your details do not correspond with the Department of Home Affairs database
» If you are currently on a FICA hold with ABSA.
What are the transaction limits on my PEPmoney Card?
It is very important to know that the PEPmoney Card is not a FULL FICA account, which means that there are limits on the account.
The limits are as follow:
» Daily transaction limit may not exceed R3 000 per day.
» Daily withdrawal limit may not exceed R1 500 per day.
» Account balance on your account may not exceed R25 000.
» Monthly transactions may not exceed R25 000 per month.
If one of these limits is not adhered to, your account will be placed on hold and it will only be reactivated once you visit any ABSA branch with your FULL FICA documents. (That is your ID, and proof of residence – not older than 3 months.)
Can I have debit orders/stop orders on my PEPmoney Account?
Unfortunately, no stop orders or debit orders are currently allowed on PEPmoney Card.
What is the minimum balance due on my account?
There is no minimum balance needed on a PEPmoney Card account.
What happens if my balance exceeds the maximum allowed?
Your account will be placed on hold and you will not be able to transact on your account. It will only be active once you visit any ABSA branch with your FULL FICA documents.
(That is your ID, and proof of residence – not older than 3 months.)
Can I use my PEPmoney Card for internet purchases?
No, you can’t do internet purchases with your PEPmoney Card.
Do I use a PIN with my PEPmoney Card?
Yes, your PIN for your PEPmoney Card is in your blister pack. It is hidden behind the scratch pad. You can change your card PIN at any ABSA ATM.
What do I do if I lose or forget my PIN?
If you have lost or forgotten your PIN number, dial 0860 777 765 and select the PIN retrieval option:
» You will be directed to an automated secure system
» Follow the prompts and input all the correct details.
» The system will securely read your card pin number back to you.
What should I do if I lose my PEPmoney Card?
» Very important, phone the Call Centre on 0860 777 765 as soon as you realise you have lost your card
» Choose the “Stop Card Option” to stop your card.
» After that you can purchase a new PEPmoney Card at any PEP store and ask the cashier to do a card replacement. The store will link a new card to your account.
What happens if I lose my cell phone?
» Your cellphone number is linked to your PEPmoney Account.
» If your cell phone is loss/stolen, your money is still safe on the condition that your cell phone pin number has not been compromised.
» You will not be able to do any transactions via your cell phone without entering your mobile pin number. Once you have a new cell phone and new sim card, you can update your new cell phone details at any PEP store and ask the cashier to link the new number to your PEPmoney Account. You will need to create a new mobile PIN number in this regard.
How can I check my balance or latest transaction on my PEPmoney Card?
You can check your balance on any one of the following ways:
» On your cell phone dial *130*737#, select “PEPmoney Card”, your balance will immediately reflect.
» At any ABSA ATM
» At a PEP store cashpoint
Pep Money Transfer Problems/ Pep Money Laundering/ Pep Money Complaints
Following is a review of PEP from a user who encountered a challenge in the process of using the money transfer service.
Money disappears through Pep Money Transfer – no help from their call centre and instead im driven from pillar to post
Money disappears through Pep Money Transfer – no help from their call centre and instead im driven from pillar to post.
I sent money through PEP Money on the ** of June **** which means yesterday at Brixton(pick n pay shoping centre)in BRIXTON ,TEL : ********** *** with cashier by the name of “KGANYA”, I did a transaction of R**** at **H:**min:**sec MONEY TRANSFER-SEND ****-*** ********** * DATE **/**/**** on to the receipt, then I sent the details to the person who was intended to withdraw the money on the same day, and when she tried to withdraw the money ,she couldn’t find it,the following day I went back to PEP they said the money it’s there I must go to shoprite or checkers to try and withdraw the money still nothing then went back to PEP the called customer care they told me the was withdrawn @ “ugin” SPAR yesterday **H:** afternoon i dont even know where’s that “ugin” SPAR and im tired with these up and downs of “PEP” I just want money back that’s all because I dont who stole my money between “PEP” & “KGANYA” the cashier.
I called the call center number: **** *** *** and spoke to a Mitchelle many times with my “airtym” fighting for my “money” still they can’t help me I don’t know anyone from Ugin SPAR and im still wondering that how did my pin number get to Ugin SPAR,I WANT MY MONEY FROM PEP.
PEP must call me only to tell when and where must i come to fetch my “money” thats all not all those “scam” ecplanation all i want is my money thats nothing else from “PEP”.
TRANSACTION REFERENCE: ********** **B.
Now am I going to be driven from pillar to post between Absa and PEP for my money?? All I want is my money so if PEP is going to allow such fraudulent activates with their services then they have to pay back my money, this money could be known by KGANYA or me because the transaction was done while the two of us were present, so I wouldn’t sent money to a person I don’t know, if you could start investigating her and can I get my money back.
Just makes me wonder how many other people have you robbed of their money???? People need to be careful of this facility. and I still want to know what happened to the money???
And I need someone who will call me with a solution because if you can’t, don’t bother to call me .
Pep Money Transfer Expiry Date
Details about transaction expiry date will be updated as soon as we get the information.
Pep Money Transfer Withdrawal At ABSA
» Select ‘Cash Send Withdrawal’ from the main screen at the Absa ATM.
» Select your preferred language.
» Enter your money transfer/ withdrawal number & enter your secret PIN.
» Enter the amount that was sent to you.
» Your transaction is now complete.
Pep Money Card Contact Number/ Pep Money Card Contact Number/ Pep Money Transfer Call Center Number
Contact details for customer support; 0860 77 77 65
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