• BSB’s net profit jumps 230%July 9, 2025
    Delivers P76.8m net profit from P23.3m   RelatedPosts BSB’s net profit jumps 230% BPP feasting on the BDP CEOs face axing STAFF WRITER editors@thepatriot.co.bw   Botswana Savings Bank (BSB) has hailed its bold three-year strategy – Lesedi 2022-2025 –… Read more: BSB’s net profit jumps 230%
  • BPP feasting on the BDPJuly 8, 2025
    Welcomes defecting BDP members Ex-minister Makgalemele dumps BDP to join BPP Motive of some seen as opportunistic BAKANG TIRO editors@thepatriot.co.bw RelatedPosts BSB’s net profit jumps 230% BPP feasting on the BDP CEOs face axing A strategic partner in the… Read more: BPP feasting on the BDP
  • STRIDES FOR SUCCESS: VACANICESJuly 7, 2025
    RelatedPosts STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER UNIVERSITY OF BOTSWANA : Professor in Sociology
  • FARM TRAQUAIR : FARM WORKERJuly 7, 2025
    RelatedPosts STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER UNIVERSITY OF BOTSWANA : Professor in Sociology
  • UNIVERSITY OF BOTSWANA : Professor in SociologyJuly 7, 2025
    RelatedPosts STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER UNIVERSITY OF BOTSWANA : Professor in Sociology
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
  • Login
  • Register
Friday, July 11, 2025
17 °c
Gaborone
21 ° Tue
22 ° Wed
24 ° Thu
26 ° Fri
The Patriot On Sunday
Subscribe
Advertisement
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
Cart / $0.00

No products in the cart.

  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders
No Result
View All Result
The Patriot On Sunday
No Result
View All Result
Home Business

Stanbic launches Unayo

patriot by patriot
October 7, 2021
in Business
245
0
Samuel Minta

Samuel Minta

491
SHARES
1.4k
VIEWS
ShareShareShare

Stanbic Bank Champion Digital Transformation and Financial Inclusion for All with Revolutionary “Unayo”   

By Samuel Minta*

RelatedPosts

BSB’s net profit jumps 230%

Rough diamonds turbulence

BVI ships over 500 000 doses of FMD vaccines to SA

The power of the internet, combined with the use of mobile phones and tablets has completely changed the way people live, work, and conduct business. The challenge of physical distance disappears in a digital world. The Fourth Industrial Revolution (4IR) has become a powerful force for the socio-economic good of societies.

Stanbic Bank Botswana has leveraged 4IR to create a services platform or digital marketplace for commerce and payments. This marketplace is christened “Unayo”, meaning “you have it”. The power of Unayo is transformational for bringing the purpose of the bank to live in many ways.

Banks have traditionally focused on a small segment of the population who could demonstrate proof of income, known as the bankable population, constituting just about 20% (0.5 million) of the population in Botswana. The reality is that people become financially active from the age of 16 years, constituting about 70% (1.7 million) of the population in the country. Herein is the challenge for financial inclusion as a tool for driving economic diversification and growth.

Stanbic Bank is pleased to leverage Unayo to find new ways to make dreams possible around the following:

  1. Availing a digital marketplace for communities and businesses, including youth-owned businesses across the country. This is a key “access to market” intervention under the “Acceler8 4XFour” model
  2. Deepening of informal businesses, providing them the opportunity to receive and send payments to mobile recipients on all telco networks as well as banks
  3. A lifestyle platform with a superior digital client experience than in-branch experience and brings Stanbic Bank to every corner of the country
  4. Support to the local fintech community as Unayo will avail APIs  for local firms to develop digital solutions for the Unayo platform. Consumers want functionality and seamless experiences, and this is precisely what the Bank strives to deliver through Unayo, going well beyond a simple payment capability.
  5. Ultimately delivering stronger economic diversification and prosperity for the country

This is what Unayo strives to do. We have leveraged technology, data and collaboration in our journey towards a platform-driven and inclusive business for and with our customers.

Unayo works to empower businesses or individuals to transact seamlessly and in the most wholly inclusive, safe and convenient manner, driving economic empowerment and diversification through creation of the right kind of ecosystems. Unayo is inclusive and for everyone via Mobile App and shortcode *200# – individuals, traders, general dealers, social clubs, small and medium business, corporates, suppliers and customers – anyone and everyone.  Furthermore, anyone can sign-up as a merchant and earn commission for processing cash-in and cash-out transactions. Merchants can also use Unayo to receive payments on the spot from their clients. In doing so, we are working to support our youth entrepreneurship and employability agenda further.

It is all about that connected community and providing a platform for value to flow better, faster and safer. By offering an easy, low-cost way to send and receive money, as well as enabling market access to small businesses, Unayo will also help more citizens and foreign nationals in every corner of the country become actively involved in the national economy, thus bringing ultimate convenience and inclusion.

We are addressing the unsolved needs of communities through digital innovation and accessibility and doing so in line with the Vision of Botswana, the Bank of tomorrow, and the consumer of the future.

*This editorial was developed by Stanbic Bank Botswana Chief Executive, Samuel Minta

Related

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

Botswana posts 6 finalists for the Women in Africa WIA54 programme

Next Post

COVID-19 deepens Botswana’s public debt

Related Posts

BSB’s net profit jumps 230%
Business

BSB’s net profit jumps 230%

July 9, 2025
Rough diamonds turbulence
Business

Rough diamonds turbulence

July 7, 2025
BVI ships over 500 000 doses of FMD vaccines to SA
Business

BVI ships over 500 000 doses of FMD vaccines to SA

July 2, 2025
BTCL enjoys strong growth
Business

BTCL enjoys strong growth

June 30, 2025
From tenderpreneurship to true entrepreneurship
Business

From tenderpreneurship to true entrepreneurship

June 27, 2025
Digital Public Infrastructure as a Strategic Imperative
Business

Digital Public Infrastructure as a Strategic Imperative

June 27, 2025
Next Post
COVID-19 deepens Botswana’s public debt

COVID-19 deepens Botswana’s public debt

Please login to join discussion
  • BSB’s net profit jumps 230%July 9, 2025
    Delivers P76.8m net profit from P23.3m   RelatedPosts BSB’s net profit jumps 230% BPP feasting on the BDP CEOs face axing STAFF WRITER editors@thepatriot.co.bw   Botswana Savings Bank (BSB) has hailed its bold three-year strategy – Lesedi 2022-2025 –… Read more: BSB’s net profit jumps 230%
  • BPP feasting on the BDPJuly 8, 2025
    Welcomes defecting BDP members Ex-minister Makgalemele dumps BDP to join BPP Motive of some seen as opportunistic BAKANG TIRO editors@thepatriot.co.bw RelatedPosts BSB’s net profit jumps 230% BPP feasting on the BDP CEOs face axing A strategic partner in the… Read more: BPP feasting on the BDP
  • STRIDES FOR SUCCESS: VACANICESJuly 7, 2025
    RelatedPosts STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER UNIVERSITY OF BOTSWANA : Professor in Sociology
  • FARM TRAQUAIR : FARM WORKERJuly 7, 2025
    RelatedPosts STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER UNIVERSITY OF BOTSWANA : Professor in Sociology
  • UNIVERSITY OF BOTSWANA : Professor in SociologyJuly 7, 2025
    RelatedPosts STRIDES FOR SUCCESS: VACANICES FARM TRAQUAIR : FARM WORKER UNIVERSITY OF BOTSWANA : Professor in Sociology
The Patriot On Sunday

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

Navigate Site

  • About Us
  • Advertise
  • Disclaimer
  • Contact Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Login
  • Sign Up
  • Cart
  • Home
  • News
  • Business
  • Lifestyle
  • Sport
  • Analysis & Opinions
  • Vacancies & Tenders

© 2024 Copyright The Patriot On Sunday - Inspired by Search Mart.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?