Namibia: Bon Authorises Virtual Assets to Promote Economic Inclusivity

Namibia has taken a step towards financial inclusion by granting provisional authorisation to four entities to provide payment and virtual asset services.

This aims to lower costs and increase access for underserved communities.

According to a statement issued by Bank of Namibia (BoN) spokesperson Kazembire Zemburuka on Monday, Finatic Technologies (Pvt) Ltd and United PayPoint (Pvt) Ltd have been granted provisional authorisation to offer payment services in terms of the Payment System Management…