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Phumlani M

1 reviews | Active since Aug 2025

06 Aug 2025, 10:42

Terrible Service Overal from momentum

I recently had an issue with Momentum payment processing, and my experience was far from satisfactory. According to their initial promise, I was supposed to receive my payment within 26 days. However, during a call with their agent, Cameron, I was informed that the payment would be made a day past the promised 26-day window.

Unfortunately, Cameron was unable to assist me with my concern, and my issue was escalated to Shantel. Regrettably, Shantel also failed to provide a satisfactory resolution. What was most frustrating was that Momentum seemed to shift the blame onto me, implying that I was the one with the problem.

This is particularly ironic, given that I've had a seamless experience with Hellopeter for the past 2 years when it came to making payments. It was always a smooth and hassle-free process. However, when it comes to them fulfilling their payment obligations, they seem to have a problem.

I hope that Momentum Funds at work takes my feedback seriously and reviews their payment processing procedures to ensure that customers receive the service they deserve in a timely manner. Until then, I would caution others to be aware of potential delays and poor customer support.

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Replies (3)
Momentum (SA)
Momentum (SA)'s reply06 Aug 2025, 10:48
Official
Dear Phumlani,

Thank you for your feedback. We take customer satisfaction very seriously, and we will escalate the matter to the fund manager to investigate further however, in order to do so can you kindly provide us with your full identity number in order to trace your membership information.

You may add this information under a private reply.

Kind regards
NH
Momentum (SA)
Momentum (SA)'s reply06 Aug 2025, 11:59
Official
Thank you for providing us with the information, we will escalate accordingly.
Momentum (SA)
Momentum (SA)'s reply06 Aug 2025, 12:11
Official
Dear Phumlani,

The Senior Administrator confirmed that they will provide you with an update on Monday.