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BLUE LABEL INTEGRATED ANNUAL REPORT 2016

64

Operational overview

continued

During the year, TicketPro sold over

2 million event tickets at 63 different

venues, almost double the number to

that achieved in the comparative year.

Inorder to access theMoovaMoney, youneed to:

a. Have a validSouthAfrican cellphonenumber.

b. Register viaUSSD from a validSouthAfrican cellphonenumber.

c. Be aSouthAfrican citizen.

d. Be18 years andolderof age.

e. Perform aUSSD-basedGN6FICAprocess from a validSouthAfrican cellphonenumber first,using yourRSA IDnumber,

and confirming your firstname, surname anddateofbirth.

MOOVAMONEY is a wallet service that allows

customers, including those who do not have an

Edgars, CNA or Jet/JetMart store account, to:

• Deposit andwithdrawmoney instantly at anyparticipatingEdgars,EdgarsConnect,

CNAor Jet/JetMart store inSouthAfricaonly,using aSouthAfrican cellphonenumber.

• SendMoovaMoney to anySouthAfrican cellphonenumber.

• SpendMoovaMoneyon airtime,data, electricityor evenmerchandise.

HOWTOGETSTARTED

HOW TO REGISTER FOR

MOOVA

MONEY

5

6

Dial *120*334# and

follow theprompts

to confirm yourdetails and

create a log-inPIN

Congratulations,

youhave successfully

registered for

MoovaMoney!

1

2

Dial *120*334#

Provide yourRSA

IDnumber

3

4

We’ll send you anSMS

confirmingyourdetailsare

ready for application

Confirm your ID

number,name

and surname

1

Financial services

In support of financial inclusion of

unbanked and underbanked

communities, Blue Label offers a

compr hensive suite of financial

services products, including bill

payments, merchant acquiring and

money transfers.

This year, revenue from bill payments

increased, due to an incline in

transaction volumes and the

expansion of the bill paym nts’

footprint.

Currently there are in excess of

250 bill issuers on the bill payment

platform, covering products and

services such as TV licences, satellite

TV subscriptions, telephone landlines,

traffic fines, municipal rates and taxes,

electricity accounts, funeral policies,

school fees and furniture accounts.

Current growth is expected to

perpetuate as the bill payments

solution is rolled out into additional

independent and retail channels.

Blue Label, in partnership with Edcon,

recently launched Moova Money, a

mobile money transfer solution. This

enables consumers to transfer money

and cash out from Edcon outlets or

transfer money to the Moova Money

mobile wallet, thereby facilitating the

purchase of products and services via

the Edcon USSD application.

Technology

The South African

Distribution segment houses Blue

Label’s Technology division. The

segment’s dependency on back-end

system management, up-time and

product and service delivery is crucial

to ensuring the continual expansion

of the distribution footprint and

products and services offered.

The proprietary AEON and AMS

systems, as well as Transaction

Junction’s Postilion switch, entrenches

the Group’s capability as a neutral

aggregator in connecting to multiple

service and product providers and

distribution channels, regardless of

the channel’s technology

requirements.

Transaction Junction (TJ) is the

foremost bank independent payment

services provider in southern Africa.

South African distribution

continued

It processes volumes in excess of

1.2 billion transactions per annum.

TJ plays a vital role in the payment

ecosystem, as it consistently delivers

quality solutions to customers.

It serves multiple industries, including

major retailers, financial institutions,

petroleum companies and companies

seeking to extend their payment

services requirements securely and on

time.

The South African Distribution

segment’s contribution to core net

profit equated to R751 million (2015:

R685 million).

Blue Approved

Blu Approved is the Group’s

brand that is displayed at its

points of presence.

Blu Approved serves as a

stamp of approval and

authenticity, duly endorsed

and acknowledged by

Blue Label.