Botswana banks launch eKYC app - Biztech Africa biztechafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biztechafrica.com Daily Mail and Mail on Sunday newspapers.
The sharp increase in interest rates last year, as the central bank fought against inflation, not only put pressure on borrowers but also raised the number of complaints filed by bank customers about their loans.
The Bank of Botswana and Bankers Association of Botswana through the Botswana Automated Clearing House (a cheque and other payments instruments clearing house
Due to the rise of alternative electronic payment systems, the Bank of Botswana (BoB), the central bank, and the Bankers Association of Botswana announced Tuesday the discontinuation of cheques in Botswana effective Jan. 1, 2024. This discontinuation includes both the issuing and the acceptance or collection of cheques, said Seamogano…