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Public confidence key to Namibia’s shift towards e-money

by reporter
September 15, 2025
in namibia
9
A A

Information and Communication Technology Minister Emma Theofelus says Namibia must build public confidence in digital transactions by tackling online scams, complex financial terms and language barriers.

She made the remarks during a courtesy visit by MTC Maris, a financial technology subsidiary of MTC Namibia, which met the Ministry to introduce its business and explore collaboration with government in accelerating the adoption of digital payments.

The delegation, led by Board Chairperson Jerome Namaseb, presented the company’s new innovations and solutions, while discussing opportunities for strategic partnership through the upcoming Mega Hackathon, financial education and expanding digital services across government departments.

Namaseb said MTC Maris was preparing to take a leading role in the country’s transition to electronic money.

“The future of E-Money in Namibia is where we are headed. Hence, we are strategically working to take control and position ourselves fit for future,” he said.

“It is important that, on this journey, we engage key stakeholders such as MICT as we work to contribute towards positioning Namibia as the preferred destination for digital innovation and a central enabler of an inclusive digital economy.”

MTC Maris, launched in October 2024, is a mobile payment platform that allows users to make transactions and manage funds from their phones.

It provides unbanked people with the ability to load money into a digital wallet to pay, buy goods, cash out and transfer funds without relying on traditional banking systems.

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