Pick n Pay and Capitec Partner to Bring In-Store Banking to 1,400 Locations

Retail 12 August 2025

In a significant move to enhance customer convenience, Pick n Pay has announced a new partnership with Capitec, bringing more banking services directly to its stores. This collaboration expands on Pick n Pay's existing financial ecosystem, which already includes FNB, Absa, TymeBank, and Standard Bank. Now, customers can seamlessly deposit, withdraw, and transfer money at the till, all while doing their grocery shopping.

Banking at the checkout means no extra trips, no standing in bank queues, and no need for an app or complicated onboarding. Deposits are secure and reflect in customer accounts within minutes, providing a safe, quick, and affordable alternative to ATMs or bank branches.

“We are proud to offer the most inclusive retail banking solution in South Africa,” says Deven Moodley, executive Head of Pick n Pay’s Value-Added Services, Financial Services, and Mobile division.

“By integrating an expanded banking offering into the shopping experience, we’re saving customers time, reducing transport costs, and improving access to essential financial services.”

Pick n Pay also offers one of the lowest flat fees for store-to-store money transfers in the country. With over 1,400 stores nationwide participating, customers can enjoy the freedom to manage their money anytime they shop.

Supplied by: Pick n Pay.

Guzzle Media