Windhoek: Namibia Post Limited (NamPost) says its new digital grant accounts are designed to encourage savings among beneficiaries while maintaining wide access to social grant payments across the country.

According to Namibia Press Agency, Bennie Jakobs, Retail Channel Executive at NamPost, spoke during an information-sharing session at the Government Information Centre. NamPost is moving into a second phase focused on financial inclusion. Jakobs explained that the grant account allows beneficiaries, many of whom are unbanked, to keep their money safely instead of withdrawing the full amount at once.

Jakobs noted that the grant account is a store of value, allowing beneficiaries to decide whether to withdraw, transfer, or save the money. The initiative aims to dignify the unbanked by integrating grant recipients into Namibia's formal financial system via the Bank of Namibia's instant payment ecosystem.

NamPost continues to prioritize nationwide access to grant payments through its hybrid distribution model. With over 150 branches across the country and mobile teams visiting about 900 government-established pay points, NamPost ensures comprehensive coverage.

Jakobs clarified that pay points are determined by the government, not NamPost, and assured beneficiaries in remote areas that access remains consistent with the government-approved schedule used previously.