Business

Payzana stirs the digital financial market

monyglob head office
 
monyglob head office

In an era where digital innovation drives financial inclusivity and convenience, Payzana emerges as Botswana's next-gen mobile wallet, delivering seamless, secure, and fast payment experiences for individuals and businesses.

Developed by Monyglob, a leader in global exchange solutions, Payzana aims to revolutionize financial transactions with cutting-edge mobile technology tailored for the African market. Payzana's value proposition is anchored on convenience, security, and no Hidden fees. Designed to be the ultimate digital financial companion, Payzana is more than just a payment app-it's a holistic solution for effortless financial management. Users can say goodbye to the complexities of traditional banking and embrace features that meet their everyday needs. With no hidden fees on transactions, wallet top-ups, or utility payments, Payzana is built to empower users with financial control and accessibility.

Mpho Gaamangwe, the Head of Operations at Monyglob, has highlighted some few points which set Payzana apart from the rest. “Zero Transaction Fees ensure that customers enjoy cost-free transactions for withdrawals, deposits, and transfers between Payzana wallets. Seamless Utility Payments drive easy purchase of electricity, airtime, and payment of bills such as DStv from the comfort of your home. We ensure that domestic money transfers send funds instantly to other Payzana users or even to non-users via QR code scanning or OTP authentication,” he said.

The platform ensures multiple top-up options such as funding your wallet using Visa or MasterCard debit and credit cards or through any Choppies store. “Point-of-Sale Integration Pay at local merchants using QR codes, offering convenience for both users and businesses. Reward Programs ensure that users receive P20 for each successful referral, incentivizing organic growth and user engagement. Commenting on Payzana's simple onboarding process, Gaamangwe emphasises that everyone, regardless of financial background, can get started easily.

“All one has to do is download the app from the Play Store or Apple Store. Register through a straightforward sign-up process. KYC Verification ensures secure transactions and compliance. Start Using the app for payments, transfers, and utility purchases instantly.” For businesses, Payzana enables lower effort scores in payment integration with minimal setup. Merchants benefit from increased transaction speed and reliability, while customers enjoy enhanced convenience. By supporting both registered and non-registered users, Payzana makes digital payments accessible to the entire community.

Payzana's identity draws from its core values of transparency, growth, and security, reflected in its vibrant design and commitment to customer-centric solutions. Payzana is a mobile wallet platform designed by Monyglob to address Africa's evolving payment needs through innovative and accessible technology. Headquartered at Riverwalk Shopping Centre in Gaborone, Payzana is committed to redefining payment solutions across the region.