Spot And RCS Partnership Expands Shopping Options For Cardholders
Spot And RCS Partnership Expands Shopping Options For Cardholders. Spot has partnered with RCS, the top consumer finance and financial institution in South Africa, to provide RCS cardholders with the ability to shop anywhere that accepts Mastercard by adding money to their Spot account. This means that RCS customers can now shop using their RCS credit not just at RCS retail stores, but at any store that accepts Mastercard.
Currently, RCS cardholders can only shop and spend at stores that are part of RCS’s retail network. The good news is that Spot has partnered with RCS to allow its customers to shop anywhere, anytime by adding money to their Spot account. This gives RCS customers unlimited spending access to any store, not just with RCS retail partners. Once they’ve added money to their Spot account using their RCS card, the funds will be loaded to their Spot Primary account giving them instant access to their cash. Customers can use their loaded Spot card to shop anywhere, in-store and/or online.
Spot Money SA Ltd. is a South African mobile banking platform. The company launched as Virgin Money South Africa in 2006, as a partnership between Virgin Group and Absa, as an issuer of credit cards. The 50-50 joint venture was worth R240 million at the time of launch.
RCS is a company that offers cards, loans and insurance solutions under its own RCS brand, as well as in partnership with a number of leading retailers and businesses. RCS has over 1,500 employees who are committed to serving over 1,200,000 customers and a network of over 4,000 nationwide partners.
