News
SmartSwitch Botswana Brings Financial Inclusion to Thousands of Food Grant Recipients
Source: Farmers Review Africa
SmartSwitch Botswana is blazing a trail for financial inclusion with a financial technology (Fintech) solution that puts dignity and financial services into food voucher beneficiaries’ hands. Since it was established in 2006, Smart Switch has grown its footprint to more than 75 000 beneficiaries in underserved communities across Botswana.
SmartSwitch Botswana, a subsidiary of Lesaka Technologies, was founded with the exclusive rights to deploy Botswana’s Universal Electronic Payment System (UEPS). The UEPS has also been embraced and approved by the central banks of countries such as Namibia, Ghana, and South Africa as an accredited national payment system.
About this News Item
Published
Latest from Our Blog
View all blog posts
Why Biodiversity Matters for Financial Inclusion
In this FinDev interview, Nausica Fiorelli, Mariella Llontop and Chiara Pescatori talk about how microfinance institutions and investors can manage biodiversity-related risks and turn them into investment opportunities.
Financial Inclusion, Reframed: What the Well-Being Literature Can Teach Us
While financial well-being is increasingly treated as the end goal of financial inclusion, we’re still not fully connecting the two concepts. This proposed framework for financial well-being addresses people’s material, psychological and social needs.
How AI and Human-Centered Design Can Transform Financial Inclusion in Colombia
A recent pilot used machine learning and digital tools to provide personalized financial recommendations for rural users, with promising results.