BancABC helps Botswana's businesses keep pace with fast-changing payments landscape

• BancABC will offer local merchants ultra-modern payment devices, in partnership with Network International

BancABC, the Botswana Stock Exchange (BSE)-listed bank, has announced that it will offer local merchants state-of-the-art N-Genius™ payment devices, to boost card acceptance and enable seamless transactions.

The new launch is part of the bank's ‘We Understand You’ campaign, initiated in response to changing customer needs, which require innovative and agile financial solutions. The POS system offers BancABC’s merchant clients an intuitive payment technology platform that enables them to accept payments via all major cards and contactless mobile wallets, such as Apple Pay and Samsung Pay.

Pauline Motswagae, Head of Commercial Banking at BancABC, commented: “The current operating environment calls for innovative solutions that address customers’ changing needs. Introducing solutions such as our new POS devices demonstrates our ability to listen to our customers and find ways to help make doing business a lot more efficient and effective.”

As governments worldwide continue to encourage safety precautions during the pandemic, BancABC is proud to help Botswana's businesses adapt to changing payment trends and transition seamlessly to accepting digital payments.

“We remain committed to responding to market shifts by incorporating technology within all banking aspects, enabling businesses to expand and reach more customers, while offering the peace of mind of having a reliable system to process payments," Motswagae adds.

Ideal for retail, hospitality and service industries, the POS devices support mobile connectivity, including 3G and Wi-fi, and can be easily updated remotely. The devices include the latest Payment Card Industry software plus end-to-end encryption, providing businesses and their customers with a high level of reliability and security. The terminal comes in a modern and compact design to suit any business environment and is user-friendly with its large and simple interface.

Hamish Houston, Regional President – Southern Africa, Network International, added: “We are proud to partner with BancABC and be a part of their efforts to offer Botswana's businesses a speedy and scalable payment platform in N-Genius. The rollout of N-Genius in Botswana is a major step in our efforts to enable commerce across the African region by introducing innovative payment technologies and solutions. N-Genius has been developed for the region in line with global standards, offering Botswana's merchants a competitive edge with its intelligent, user-friendly technology, omni-channel capability and robust security features to consistently deliver exceptional customer experiences.”