Barclays Bank Botswana has introduced a new payment device known as a Mobile Point of sale which works in a similar manner as the tradition Point of Sale device, but small in size and with different features. The new device was launched on Tuesday after being piloted for a period of a year in the market. Lending Director at Barclays, Dineo Saleshando, said device which is known as mPOS is a payment solution targeted at businesses delivering goods and services from different locations, and not necessarily brick and mortar outlets.
“This in essence means that use of mPOS machines brings convenience due to its portability and ease of use for our business clients,” she said. The mPOS facilitates transactions wherever there is cell phone network coverage. Saleshando said though the device is relatively new to the market, the bank is beginning to see significant mPOS uptake among various businesses. “This is one of the many ways in which we gear our efforts towards facilitating easier transactions between retailers and customers. Ultimately, we aim to drive revenue and add value for our business clients,” she said.
Giving a testimony for the machine, businessman Seabelo Tlhaselo said since it was brought to their attention last year it has offered convenience to his business, mainly the transport trade.