Prepaid electricity can now be bought with credit in SA

Prepaid electricity can now be bought with credit in South Africa. A telecommunications company that helped establish the nation’s prepaid market now gives impoverished South Africans access to electricity that they can pay for later.

On the Blu-advance website, customers can access the recently introduced prepaid electricity top up from anywhere in the country.

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WHAT ARE PROFESSIONALS SAYING ABOUT THIS ELECTRICITY ADVANCE?

SABC reporter, Brian Mazorodze, an economics instructor at Sol Plaatje University, thinks the service has two sides and can be a trap for people who are in debt.

“More and more households are going to be forced into unmanageable debt. From the perspective of the consumers themselves, as well as from the perspective of the electrical providers themselves, it is not viable. Because of what it accomplishes, the grid will come under additional pressure in the long run,” he said.

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The business that came up with this innovative idea claims to have found a remedy for a dilemma that many struggling consumers are currently experiencing.

WHAT IS THE BLUE LABEL CEO SAYING?

According to Blue Label CEO Mark Levy, “Airtime has a very similar module to that of Blue Label.”

When you go to Airtime, they tell you what they are prepared to advance you, and over time as you become more valuable, the advances will increase. Electricity will follow the same.

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Blue Label Telecoms is a JSE-listed company that supplies emerging markets in South Africa and internationally with cutting-edge technology for mobile commerce.

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Many of the services they offer are geared at people without convenient access to bank accounts, and they give them the freedom to conduct business whenever and wherever they choose. The right to operate is based on their solid reputation.