Thursday, July 18, 2024

Stanchart launches agent banking services

Local Banker, Standard Chartered Botswana has launched the Eazy Pula service which will enable members of the public to transact with Standard Chartered Bank through the use of its various Agents countrywide.

As part of the first phase, StanChart has partnered with BotswanaPost to deliver sixteen (16) sites in Bobonong, Francistown, Ghanzi, Goodhope, Jwaneng, Kanye, Kasane, Mahalapye, Molepolole, Maun, Mochudi, Moshupa, Rakops, Seronga, Serowe and Shakawe.

The BSE listed bank says the partnership with BotswanaPost forms part of Standard Chartered Botswana’s continuous evaluation of its distribution model, as it drives its digitisation strategy to ensure increased access to Standard Chartered.

Speaking at the launch, Standard Chartered CEO, Mpho Masupe highlighted the importance of such partnerships, “Thank you for partnering with us on this journey and thank you for ensuring that Batswana are able to access our services with you. We are fully aligned to the notion of leaving no one behind, as we solution towards optimizing our distribution models for the benefit of our various clients.”

A further twenty (20) sites are available with other partners including Motovac, Cellphone Warehouse, Sesigo and Seanokeng Service Station.  Standard Chartered has committed to growing the Agent Banking Service Eazy Pula from 36 sites to 150 sites by the end of 2023.

The BotswanaPost CEO Cornelius Ramatlhakwane highlighted the century old legacy of the two entities, highlighting the strategic direction of the BotswanaPost towards digitisation, “This has in the last ten (10) years been made possible by infusing technology into our Strategic and developmental plans across our various business lines. Truth be told, we are no longer your typical traditional Post office; we host a broad array of digital products and services.”

The Eazy Pula Agent Banking service, alongside other Standard Chartered products such as cardless cash – our voucher-based ATM withdrawal service, and mobile transfers through our mobile money operators, provide access to financial services to all which is part Standard Chartered’s financial deliverable.

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