Sending money to friends and family should be easy and affordable, right? That's where Capitec's cash send service comes in. It's a handy way to send money to someone who doesn't have a bank account, or who needs cash in a hurry. But how much does it cost?

The short answer is that Capitec charges a flat fee of R8.50 for each cash send transaction. This fee is for sending money to any of Capitec's retail partners, which include Shoprite, Checkers, Usave, Pick n Pay, and Boxer stores.

Understanding the Fees

It's important to know that the R8.50 fee is charged to the person sending the money. The person receiving the money does not have to pay anything to collect the cash. This makes it a great option for sending money to people who may not have extra cash on hand for fees.

I remember a time I had to send some emergency cash to my cousin in a different province. I was worried about high bank charges, but was pleasantly surprised to see only R8.50 deducted from my account. It was a small price to pay for the convenience and speed of the service.

Here's a quick breakdown of what you need to know about Capitec's cash send fees:

• Flat Fee: You pay R8.50 per transaction, no matter the amount you're sending.
• No Hidden Costs: The fee is transparent and there are no other charges involved.
• Recipient Pays Nothing: The person you're sending money to gets the full amount you sent.

A friend of mine once tried to send money through another bank and was shocked by the complicated fee structure. He ended up paying way more than he expected. That’s why I always recommend Capitec's cash send for its simplicity and low cost. It’s also a great option if you’re looking at how to buy a Betway voucher using Capitec.

How to Send a Capitec Cash Send

Sending a cash send with Capitec is super easy. You can do it through the Capitec app or by using USSD. Here’s a quick guide on how to do it using the app:

1. Open the Capitec app and sign in.

2. Tap on "Transact."

3. Select "Send Cash."

4. Enter the amount you want to send and the recipient's cellphone number.

5. Confirm the transaction and you're done!

The recipient will receive an SMS with a reference number and a PIN. They'll need to present these, along with their ID, at any of the participating stores to collect the cash.

Speaking of getting value for your money, did you know you can earn rewards for things you do every day? With the Points Castle app, you can earn points for playing games and completing surveys. You can then redeem these points for awesome vouchers, including airtime and shopping vouchers. It's a great way to make your money go further.