Bank Windhoek has introduced a wallet-to-wallet money transfer service, a first for Namibia's banking sector. The new feature, called EasyWallet On-Send, enables customers to send funds directly to another user's EasyWallet account. Managing Director James Chapman announced that the service is designed to promote financial inclusion and offers secure, instant payments.
The service permits transfers of up to 2,000 Namibian dollars per day, with the bank indicating a future review of this limit based on customer usage. Initially available exclusively to MTC mobile network subscribers, the functionality will soon be extended to include TN Mobile customers. This innovation also provides a payment option for individuals who do not hold a traditional bank account.
The service permits transfers of up to 2,000 Namibian dollars per day, with the bank indicating a future review of this limit based on customer usage. Initially available exclusively to MTC mobile network subscribers, the functionality will soon be extended to include TN Mobile customers. This innovation also provides a payment option for individuals who do not hold a traditional bank account.
