12m wallet accounts in digital space – BoZ
Published On September 23, 2024 » 402 Views» By Times Reporter » Business, Stories
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By SNIKE MZULAH –
THE Bank of Zambia ( BoZ) has recorded close to 12 million wallet accounts used in the digital space.
Wallet accounts are digital or electronic accounts people have with mobile money providers such as Airtel, MTN and Zamtel.
They are designated with a specific identification number, used for the deposit, delivery, withdrawal, and storage of digital or electronic assets.
BoZ Principal Examiner Luka Mhango said in an interview in Siavonga that digital financial services played a major role in the growth of the economy.
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