BancABC Botswana, the unlisted bank this week announced that it has partnered with Botswana Meat Commission (BMC) under an arrangement which is aimed at providing a convenient payment solution for farmers who sell cattle to BMC in the Northern region, more specifically the Francistown Abattoir.
According to a press statement from the bank which is part of ABC group, the BancABC Prepaid Cash Card is a versatile banking solution that enables the user access to their finances with ease anywhere and at any given time. “The BancABC Prepaid Cash Card will give farmers access to a broader range of banking services through the Bank’s in-branch and self-service channels,” said the bank which delisted on the BSE some few years ago.
Card users are not required to have an existing bank account and moreover, the card enables customers to swipe for free, enjoy zero card maintenance fees and shop online. BancABC and BMC embarked on a Northern road show to educate farmers on the new payment platform from the 15th through to the 18th August 2017.
Speaking on this partnership, BancABC new broom, Managing Director Kgotso Bannalotlhe shared, “As a bank, we are focused on contributing positively to the communities in which we operate.
The partnership with BMC allows us to do so. By providing BMC Francistown Abattoir with a payment solution the bank has been able to contribute to the improvement of payment channels and thus strengthen the long standing relationship between BMC and its cattle suppliers.”
BancABC’s Head of Corporate, Mr. Bernard Mzizi further reiterated, “Our aim is to be a premier financial institution and this involves becoming the partner of choice for customers. Our partnership with BMC reflects the Bank’s commitment to providing innovative banking solutions for our customers.”