M4JAM slashes cash out fee at Pick n Pay stores

If you’ve been following M4JAM, the WeChat and web-based micro-jobbing platform, you’ll be happy to know that you now have the opportunity to cash out a bit more money from your virtual wallet.

How M4JAM usually works is that a R4 fee is charged and taken off from the amount you’ve earned and had stored in your “wallet” whenever you cash out at participating supermarkets.

Now, if you opt to cash out at Pick n Pay, you will only have to pay R2.50 and you can do so instantly, as before, you had wait between 24 and 48 hours to receive the wiCode that allowed to cash out at till points.

“Our partnership with Pick n Pay thus far has allowed our jobbers to get hold of their money within 48 hours of receiving a wiCode. But when times are tough, it’s no longer good enough to have to wait that long for your money – or, for that matter, pay R4 to get it,” Andre Hugo, CEO of M4JAM said in a statement.

“The new cash out process delivers on what our jobbers want, which can only make an already strong community even stronger and more engaged,” he said.

Pick n Pay Deputy CEO, Richard van Rensburg added that the retailer is glad to assist customers in cashing out instantly, saving them the hassle of having to wait.

To cash out process, you must select ‘Wallet’ and ‘Cash Out Money’ on M4JAM. After completing a cash out request you’ll get a wiCode via SMS, which you must take directly to the cashiers to receive your cash.

As an added advantage Jobbers who cash out at Pick n Pay or Boxer stores will automatically receive a R1.50 reward deposited back into their M4JAM wallet after successfully cashing out.


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