MTC Maris, MICT in talks on e-money future

Staff Writer

MTC Maris and the ministry of information and communication technology (MICT) are exploring collaboration to accelerate digital transactions. 

The financial technology company, a subsidiary of MTC Namibia, paid a courtesy visit to ICT minister Emma Theofelus to introduce its operations and discuss potential partnerships.

Led by board chairperson Jerome Namaseb, the MTC Maris team presented the company’s new innovations and solutions. 

The discussions looked at possible cooperation through the upcoming Mega Hackathon, financial education initiatives, and joint efforts with other government departments to expand digital services across government.

“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 the future. 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,” said Namaseb.

Minister Theofelus stressed the need to strengthen trust in e-transactions. “There is a need for us as a country to build public confidence in digital transactions. And we can do so by starting to address challenges such as online scams, complex financial terms, and language barriers, amongst others,” she said.

Launched in October 2024, MTC Maris is a mobile payment platform that enables users to conduct financial transactions and manage funds directly from their phones.

It allows unbanked individuals to load money into a digital wallet, make payments, buy goods, cash out, and transfer funds electronically without needing traditional banking.

Caption

Officials of MTC Maris met with minister of information and communication technology, Emma Theofelus. 

  • Photo: MTC Namibia 

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