Africa Links 24 with Shania Lazarus
Published on 2025-02-25 17:00:00
Namibians spend N$1.2 trillion in electronic payments
Namibians have made payments worth N$1.26 trillion with electronic payments compared to cash transactions of N$5.61 billion in one year.
The trend shows that Namibians are moving away from traditional cash payment methods and embracing digital forms of payments.
A Bank of Namibia report for 2024 shows that Electronic Fund Transfers (EFTs) were the dominant payment instrument used by Namibians.
Card payments and e-money…
Read the Full article on The Namibian
