The motorbike delivery economy is pivotal to South Africa. However for many riders, getting a bike for work can be difficult. That's why Bike2Own exists to empower individuals to enter gig economy easily. Riders repay Bike2Own weekly and eventually will own their bike. WigWag streamlines the payment operations for Bike2Own by automating the repayment process.
The gig economy has been steadily growing in South Africa, offering flexible employment opportunities for many individuals. One sector that has seen significant growth is the motorbike delivery industry, which plays a crucial role in providing convenient services to consumers while creating much-needed jobs in a country facing record-high unemployment rates.
The Motorbike Delivery Boom
In South Africa, the motorbike delivery economy is a burgeoning industry. With an estimated 50,000 delivery bikes on the roads as of May 2023, this sector is a vital part of the gig economy. Delivery drivers, often referred to as riders, earn between R25 to R30 per order. On average, a diligent rider can make 20 to 24 deliveries a day, earning around R3,000 per week.
Although there are some contrary opinions on the contracting and permanency of their roles, it can not be denied that in a country where job opportunities are scarce, deliveries provide a decent income and are a viable job opportunity for many. This level of income can support not only the riders themselves but also their families, providing a steady source of livelihood in an economy where formal employment can be hard to come by.
Although these riders need to work to earn, they also enjoy the flexibility offered by gig work that allows riders to manage their schedules and balance other personal or family responsibilities. Moreover, the lower barriers to entry, such as the ability to lease a motorbike through services like Bike2Own, make it accessible to a wider range of individuals, including those who might not have the capital to purchase a vehicle outright.
The Role of Bike2Own
Now, let's talk about Bike2Own—the game-changer in South Africa's delivery scene! For aspiring delivery heroes, owning a motorbike can seem like a distant dream. But fear not! Bike2Own offers a unique rent-to-own service across the nation. Bike2Own provides hard-working individuals the opportunity to own their motorbikes over the contract length by paying rent.
For many aspiring delivery drivers, acquiring a motorbike is a substantial barrier. This is where Bike2Own steps in, offering a unique rent-to-own delivery motorbike service across South Africa. Bike2Own provides hard-working individuals the opportunity to own their motorbikes over the contract length by paying rent.
Bike2Own’s services are available to users of popular delivery apps such as Uber Eats, Checkers Sixty60, Woolies Dash, Pick n Pay ASAP, and many other smaller providers. Payments can be made either by weekly deposit or directly via the riders' Uber accounts, making the process seamless and convenient.
Bike2Own offers brand-new motorbikes equipped with delivery boxes and brackets, ensuring that riders have everything they need to start working immediately. Additionally, these bikes are protected with a state-of-the-art tracking solution and come with insurance, providing peace of mind to the riders.
A Shift Towards Seamless Payments
Managing repayments for motorbikes provided on credit is a significant aspect of Bike2Own’s business. Initially, many riders preferred to pay in cash in person. However, to streamline the payment process, Bike2Own partnered with Wigwag to use their automated payment links via API. This innovation allows Bike2Own to send weekly collection messages to riders, including a link for seamless card payments.
This shift towards digital payments has been a successful case study in de-cashing and has seen an increase in collection rates and overall digital repayment. This is not only more convenient for the riders no longer having to commute to make repayments but also allows Bike2Own to focus on their business whilst payments happen in the background. WigWag has seen a rise in smaller less well-known bank issuers such as Diamond Bank, Mukuru, and HelloPaisa operating without a hitch on their systems.
Conclusion
The motorbike delivery industry isn't just delivering goods; it's delivering opportunities. Bike2Own is at the forefront, empowering countless individuals to join the gig economy with confidence. By offering rent-to-own solutions and embracing digital payments, Bike2Own isn't just changing gears—it's changing lives.
The motorbike delivery industry in South Africa provides essential services to consumers and creates significant employment opportunities. Companies like Bike2Own are playing a pivotal role by making it easier for individuals to enter this growing field. By offering rent-to-own motorbikes and leveraging innovative payment solutions, Bike2Own is helping to transform the lives of many aspiring delivery drivers.
For more information about Bike2Own, you can contact their team at hello@bike2own.co.za or Tel: +27 (060) 713 4890, +27 (071) 432 7021.