Bank of Namibia Launches Instant Payment Project

The Instant Payment Project aims to introduce an Instant Payment Solution that is efficient, and instantly accessible. Designed for inclusivity, the platform can be accessed on any device, including non-smartphones, ensuring that everyone, from vendors and taxi drivers to pensioners and small business owners, can use it effortlessly. This innovation is particularly beneficial for those who may not have access to sophisticated banking services or the financial means to handle traditional banking fees.
This launch signifies the commencement of the modernisation of the financial sector and the Bank's dedication to transforming the financial landscape in Namibia, aiming for a future where every citizen can engage in economic activities effortlessly and securely.