Mobile money uptake grows 65%

According to recently released Botswana Communication Regulatory Authority (BOCRA) data, the number of mobile money subscriptions was pegged at 70,000 when Orange Botswana and Mascom Botswana first introduced the services in 2011.

Mobile money allows cash to move as fast as a Short Message Service, with the customer of a particular mobile operator, registering for the service and depositing the money with any approved vendor/agent of that operator.