BotswanaPost, the designated postal operator in Botswana known for its financial, logistics, postal, communications, and agency services, has launched a smart-app-based platform called Posa’it. This innovative platform allows independent individuals and small, micro, and medium enterprises (SMMEs) to resell postal services, positioning BotswanaPost as a leader in fintech and innovation.
Key Features:
- Accessibility: Posa’it is available for free download on both the Google Play Store and Apple App Store, making it widely accessible to users across different platforms.
- Target Audience: The initiative aims to reach over 500,000 individuals, focusing on youth and women within three years through its PosoMoney and DigiPost services.
Strategic Goals:
- Financial and Digital Inclusion: By leveraging its extensive network of over 136 post offices and kiosks equipped with more than 400 biometric POS terminals, BotswanaPost aims to ensure swift and secure transactions, promoting financial inclusion.
- Agency Banking Service: Plans to implement agency banking services to utilize BotswanaPost’s network, facilitating last-mile financial services.
- Mobile Money Solution: Forecasts over 194,000 new wallet subscribers within five years for its PosoMoney mobile money solution, with an expected 4 million monthly transactions.
BotswanaPost plans to introduce a USSD feature for DigiPost, enabling customers with feature phones to access the platform. This development is aimed at further empowering underserved communities through
hout Botswana by ensuring they can access digital financial services without requiring a smartphone.The launch of Posa’it is expected to significantly enhance convenience and accessibility for BotswanaPost’s customers, providing a comprehensive solution for postal and diversified services. This move is set to foster financial and digital inclusion, promote social and financial inclusion, and drive progress and prosperity in Botswana.
Stay well-informed and be the very first to receive all the most recent updates directly in your email! Tap here to join now for free!
