Vodacom customers in South Africa can now buy or shop and pay later by using VodaLend or Voucher Advance.
Customers can now access vouchers from two leading brands thanks to the introduction of Voucher Advance, an innovative lending proposition and the first of its kind for South African consumers. Through Voucher Advance, Vodacom customers can choose to ‘pay now’ and buy vouchers at a discounted rate or get an advance and ‘pay later’.
“We, as a business, are also mindful of the fact that South Africans face tough economic challenges. Our primary focus is to deliver seamless and rewarding experiences for customers and vendors in a cost-efficient way,”said Quintin Van Vuuren, Executive Head of Lending at Vodacom Financial Services.
An advance on a voucher starts from as little as R25 interest free from a food restaurant or shop 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.
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. Vouchers can be accessed through the My Vodacom App with a USSD functionality being introduced at a later stage to accommodate all Vodacom customers.
To access Voucher Advance, customers need to download the My Vodacom App, find the My Account tab and click on Vouchers.