Botswana: Sub-Council Pilots E-Wallet Payment System

| August 2, 2016

Molepolole Administrative Authority/Lentsweletau Sub-district in partnership with First National Bank has launched e-wallet payment system for the Village Development Committee (VDC) staff.

Speaking during the launch of the service recently, senior assistant council secretary for MAA/Lentsweletau Sub-district council, Mr Joseph Kgabanyane, said the e-wallet service was expected to speed-up the payment process.

He explained that the payment system would also curb subjecting their staff to long queues in banks when they had to cash their cheques as well as reduce delays due authorisation.

"We have embraced the idea and decided to convert from doing payments through cheques for the convenience of the service," he said.

Furthermore, Mr Kgabanyane said the e-wallet service would save them costs since each cheque was charged at P27.20 whereas e-wallet was only P7.20.

He noted that the service will also dignify the status of the VDC staff, like everyone benefiting from the technological services offered by the bank.

"The service is a pilot study to run for about six months, to observe if we can roll it out across the whole district. I urge the VDC staff to be patient to learn and understand the service as it is a development mandated to enhance service delivery," he said.

For his part, First National Bank of Botswana senior relations manager-public sector Mr Verily Tebele advised VDC members not to share their cellphones since they are their electronic wallets.

He said the money lasts for three months in the phones and if not cashed out could then be transacted back to the payer's account.

Mr Tebele further said if the sim card was off the cellphone, the money could last for six months.

He said the idea fell on part of the bank's process of switching from 'bricks to clicks', hence offering more convenient services to the customers and keeping up with the technology.

Source: Botswana Daily News.

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