First National Bank of Botswana Cell-phone Banking records a milestone

"Prepaid airtime still remains the leading driver of transaction volumes on the Cell-phone Banking channel, accounting for more than 80 percent of transactions recorded monthly," says Yolisa Phillips-Lejowa, Head of Electronic Banking. Prepaid purchases, in particular, remain the most popular on the Cell phone Banking channel, she added. More than P1 million worth of prepaid services were purchased on FNBB's Cell-phone Banking channel during the month of September.

Danny Zandamela, CEO of FNBB said the channel's latest success figures are attributable to its ability to constantly improve accessibility and increase the variety of service offerings to its customers, ensuring relevance and convenience at all times. Research has shown that cell-phones provide the most accessible banking channel across all segments, and the reach is enormous.