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FSG, BotswanaPost deal simplifies premiums collections

Botswana Post CEO Cornelius Ramatlhakwane
Botswana Post CEO Cornelius Ramatlhakwane

A new partnership has been forged that will make it easier for customers to pay their monthly funeral insurance premiums.

The move follows a deal struck between BotswanaPost and Funeral Services Group (FSG), the country’s two leading specialist service providers. According to details of the groundbreaking agreement, convenience and accessibility will be brought to the forefront allowing customers to pay their FSG funeral cover premiums at any of BotswanaPost’s extensive network of outlets. The innovative fintech solution also allows users to handle their payments conveniently from their mobile devices, whether at home, at work, or on the go, further streamlining the entire payment process.

The state-own postal outfit has 137 post offices, 19 postal kiosks in select Choppies stores, 82 postal agencies, and six Virtual Teller Machines (VTMs) nationwide. BotswanaPost CEO, Cornelius Ramatlhakwane, said the agreement represents a significant milestone for their strategy to diversify service offerings. Equally, he said, it aligns with their ongoing mission to improve the lives of Batswana by providing affordable and quality services. The partnership is poised to make premium payment services more accessible, especially in remote areas where financial services can be limited, the post office CEO added. “As BotswanaPost broadens its range of services, it remains committed to enhancing convenience for its customers while simultaneously diversifying its revenue streams, a critical move in today’s competitive landscape,” he said.

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