BSB rolls out VISA cards to social grant beneficiaries
Monday, March 29, 2021
Reaching out: A social grant beneficiary goes through the the process to receive a VISA card
The Ministry of Local Government and Rural Development recently appointed the bank to disburse social benefits for people living with disabilities, destitute, old age pensioners, and World War II veterans. The beneficiaries will each have a pre-registered account along with the card, which they will use to access their monies.
Speaking during his visit to Good Hope Marumuloa said the bank was trying to increase the reach of its services across the country and was prioritising efforts to efficiently deliver services to all Batswana.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...