How it works
Employer sign-up
We meet and get to know the specific needs of your company.
Onboarding
We share our offering with your employees and provide marketing collateral to help you spread the word.
Ongoing support
We supply your HR and finance personnel with a single point of contact.
Costs for the employer
Voluntary
Basic set of employee benefits, EarnBacks optional for employees.
Set-up fee per employee: R50
Monthly fee per employee: No cost for employer
Minimum employees: 250
• Short-term investments
• Long-term investments
• Funeral cover
• Interest-free emergency loans
• Voluntary EarnBacks at R25p/m (R12.50p/m for non-permanent)
Basic set of employee benefits, EarnBacks optional for employees.
Set-up fee per employee: R50
Monthly fee per employee: No cost for employer
Minimum employees: 250
• Short-term investments
• Long-term investments
• Funeral cover
• Interest-free emergency loans
• Voluntary EarnBacks at R25p/m (R12.50p/m for non-permanent)
Group
Employees get access to the full suite of benefits and products.
Set-up fee per employee: R50
Monthly fee per employee: R20 (R10 per non-permanent employee)
Minimum employees: 30
• Short-term investments
• Long-term investments
• Funeral cover
• Zero-cost, interest-free emergency loans
• EarnBacks membership included
Employees get access to the full suite of benefits and products.
Set-up fee per employee: R50
Monthly fee per employee: R20 (R10 per non-permanent employee)
Minimum employees: 30
• Short-term investments
• Long-term investments
• Funeral cover
• Zero-cost, interest-free emergency loans
• EarnBacks membership included
Less than 30 employees? Contact our sales team to find out about our custom solutions.
EarnBacks loyalty programme membership
Our groundbreaking behavioural change programme gives your employees access to responsible loans while growing their long-term savings.
Up to 100% of fees back in rewards
EarnBacks points account
Prizes
Consolidation loans
Cash loans
Retail loans
Get in touch if you are interested in making an impact in your employees' lives.
Why employees love Picsa
Client Service - in English, Afrikaans or Xhosa.
Free SMS updates about your fees, payments and balances.
WhatsApp self-service puts you in control of your money.
No queues!
Reliability: Thousands of employees and top national companies trust us with their money.
No debit order fees, due to payroll deductions.
Save with as little as R10 per month.
No penalty fees.
Rewards for doing the right thing.
Why employers love Picsa
Easy implementation.
Integration with your payroll cycle - whether weekly, fortnightly or monthly.
Solutions for seasonal employees.
Best-fit, high value products specific to your employees.
Optional contributions to your employees’ long-term savings.
Dedicated support.
Self-service online platform.
Top-tier product providers.
Why employers use Picsa
“I think what made employees trust Picsa is the fact that they could see they had debt and managed to pay it off. The fact that one can take out some credit but have to still save money, is a very positive element of Picsa.”
“We believe a provident fund is not enough. Helping employees get out of their financial situations, you actually have to do more. We believe Picsa allows you to actually do that. ”
“The management of our employee’s finances brought a big burden on our payroll department. The fact that this is being outsourced to Picsa has made things much easier for our payroll department.”