Bank of Botswana Regulatory Sandbox — Eligibility Assessment Stage
Gaborone · Botswana · +267 723 06377
Botswana · Fintech · Sandbox 2026

One switch. Six providers.
A single API for Botswana's
payment future.

xL Consulting Group builds IPA, the Interoperable Payments API — a real-time switching platform connecting MyZaka, Orange Money, BancABC, Stanbic, FNB and Absa Botswana through one integration. Built for regulators. Engineered for scale. Operating in the Bank of Botswana sandbox.

Request a Meeting → Explore IPA ↓
6PSPs
Banks & Mobile Money
1API
REST Integration
*177#
USSD Access
IPA Switch · Live View
OPERATIONAL
MyZaka
Mascom
Orange
Money
Stanbic
Bank
FNB
Botswana
Absa
Botswana
BancABC
IPA
SWITCH
Last transactions (simulated)
MyZaka → FNB BWP 450.00 P2P
Stanbic → Orange BWP 1,200.00 P2M
Absa → BancABC BWP 8,750.00 B2P
MyZaka — Mascom Wireless Orange Money — Orange Botswana BancABC Stanbic Bank Botswana FNB Botswana Absa Bank Botswana Bank of Botswana Sandbox MyZaka — Mascom Wireless Orange Money — Orange Botswana BancABC Stanbic Bank Botswana FNB Botswana Absa Bank Botswana Bank of Botswana Sandbox
Flagship Product · 01

IPA — the switch between Botswana's wallets, banks and merchants.

Live in Sandbox v1.0 · 2026
Interoperable Payments API
A real-time payment switching platform that lets any participating bank, wallet, merchant or employer move money to any other — over one REST API, one settlement rail and one regulatory dashboard.
01 / TRANSACTION TYPE
P2P Retail Transfers
Person-to-person transfers across all six providers. From BWP 1 to BWP 500,000. Designed for everyday wallet-to-wallet, wallet-to-bank, and bank-to-wallet transactions. Settlement in seconds.
02 / TRANSACTION TYPE
P2M Merchant Payments
Customer wallet to merchant account, regardless of which PSP either holds. Merchants integrate once and accept payment from every wallet and bank in Botswana.
03 / TRANSACTION TYPE
B2P Bulk Disbursements
Corporate payroll, supplier payments and grants — one payment file, every employee credited to their preferred wallet or account on payday. With reconciliation built in.
Compliance & Supervision
  • AML Engine
    8 composite detection rules running on every transaction — velocity thresholds, structuring patterns, sanctions screening and behavioural anomaly scoring.
  • Regulatory Dashboard
    Real-time supervisory view for Bank of Botswana — transaction flows, participant activity, system health and alert queues, end-to-end.
  • Audit Trail
    Immutable logs of every API call, settlement event and rule trigger. Retention policies aligned with NPS Act and AML/CFT obligations.
  • Data Residency
    All processing and storage in AWS af-south-1 (Cape Town). Personal data never leaves Southern Africa.
Engineering Stack
  • BackendFastAPI · Python
  • DatabasePostgreSQL 16
  • Cache & QueueRedis
  • CloudAWS af-south-1
  • USSD GatewayAfrica's Talking
  • InfrastructureTerraform · IaC
  • API SurfaceREST · JSON
  • ChannelsApp · Web · USSD *177#
Built For Three Audiences · 02

Whether you regulate, route or pay — IPA was designed with you in mind.

Botswana's payment ecosystem has three constituencies who need interoperability to work. IPA is engineered to serve all three without compromise — supervisory transparency for the central bank, sustainable economics for PSPs, and operational reliability for corporate clients.

AUDIENCE / 01BoB · Regulators
For Supervisors

A switch you can see inside.

Real-time visibility into every transaction routed through IPA, with built-in compliance engineering that meets and exceeds NPS Act and AML/CFT obligations.

  • Live regulatory dashboard with end-to-end transaction visibility
  • AML engine with 8 composite rules — velocity, structuring, sanctions, behaviour
  • Full audit trail, immutable logs, retention policies
  • Data residency in AWS af-south-1 (Cape Town)
  • Currently in BoB Regulatory Sandbox (Eligibility Assessment, April 2026)
Briefing for regulators →
AUDIENCE / 02PSP Partners
For Banks & Wallets

A new revenue rail, not a cost centre.

IPA's commercial model is built around PSP profitability. The switch earns only when you do — and our economics are designed so that interoperability grows your revenue per customer, not the other way around.

  • Revenue share on every retail transaction routed through the switch
  • One REST API integration unlocks five counterparty PSPs
  • Same-provider transfers protected — your existing wallet economics stay intact
  • USSD channel via *177# extends reach to feature-phone users
  • P2M and B2P unlock new merchant and corporate revenue streams
  • Full commercial terms shared under NDA after introductory call
Become a PSP partner →
AUDIENCE / 03Corporate · B2P
For Employers

Payroll that lands in every employee's wallet.

Stop maintaining six payment files. Submit one bulk disbursement and every employee — banked or unbanked — receives funds on their preferred provider on payday.

  • Single file, six destinations — every major PSP in Botswana
  • Reach employees on mobile money or any commercial bank
  • Auto-reconciliation against employee records
  • Volume-based pricing tailored to your monthly payroll size
  • Same-day settlement, full audit trail, PCI-grade security
Solve our payroll →
B
Bank of Botswana Regulatory Sandbox · 2026
“IPA is currently undergoing eligibility assessment within the Bank of Botswana Regulatory Sandbox — the formal pathway for innovations that materially advance the national payments system.”
Stage
Eligibility Assessment
As of
April 2026
Jurisdiction
Botswana
Framework
NPS Act compliant
Why xL · 03

A serious operator, built for trust.

xL Consulting Group is a Botswana-registered fintech founded to solve domestic payment fragmentation through engineering, regulation and partnership. We do not move money outside the regulator's line of sight — and we do not ship product faster than the law allows.

  • 01
    Regulator-first design. Built inside the BoB sandbox, not retrofitted afterwards. Every transaction is observable, every rule is auditable.
  • 02
    Six providers, one integration. We bridge two mobile money operators and four commercial banks — not in theory, in production-ready code.
  • 03
    Economics aligned with the ecosystem. PSPs share in transaction revenue. Corporates get volume-based pricing. End-users pay genuinely affordable rates. The switch only succeeds if every participant does.
  • 04
    Engineered in Botswana, hosted in Africa. FastAPI, PostgreSQL, Redis, AWS af-south-1. Data stays on the continent.
Request a Meeting · 04

Let's talk about making it interoperable.

Whether you supervise the payments system, operate a PSP, or run a payroll for hundreds of employees — book a confidential conversation with our CEO. We respond within one business day.

CEO
Axl Keabetswe Baipaakanyi
Email
axl.baipaakanyi@xl-consulting-group.com
Phone
+267 723 06377
Office
Plot 75472, Gaborone, Botswana
Web
www.xl-consulting-group.com
Send a message
Confidential · One business day reply