Transparent pricing.
Free and paid banking plans, with clear rates for accepting payments and sending money.
Olympus Billing System figures. Subject to change on at least 30 days’ written notice. Fees are region based.
What you pay.
Banking plans are monthly. Accepting payments and sending money are charged per transaction.
Basic
Individuals and small businesses
Free personal and business accounts.
- 1 BWP current account, personal or business
- Up to 50 transactions per month
- Send and receive via EFT
- 5 invoices per month
- Email support
Business
Registered companies
Built for registered companies.
- BWP business account
- Unlimited transactions
- Full invoicing suite
- Scheduled payments
- Team members (up to 5)
- Payment approval workflow
- AI spend insights
Merchant
High-volume merchants
High-volume. Multi-currency. Full control.
- Everything in Business
- Multi-currency accounts
- Payment links and QR codes
- API access
- Dedicated relationship manager
| Feature | Basic | Business | Merchant |
|---|---|---|---|
| Monthly fee | Free | BWP 149 | BWP 399 |
| Transactions | 50 per month | Unlimited | Unlimited |
| Invoices | 5 per month | Unlimited | Unlimited |
| Team members | None | Up to 5 | Up to 20 |
| International (UK) virtual account | Not included | Included | Included |
| Multi-currency accounts | Not included | Not included | Included |
| Payment links and QR codes | Not included | Not included | Included |
| API access | Not included | Not included | Included |
| International transfer fee | None | 1.7% | 1.2% |
| Receiving into the UK account | Not applicable | 0.65% | 0.65% |
Card and checkout rates are set by country. In-person methods in Olympus Go carry the same rates on every plan. Payment links, QR codes and API access need the Merchant plan.
| Merchant processing, card and checkout | Rate | On a 1,000 sale | You receive |
|---|---|---|---|
| Botswana | 2.5% + BWP 2.00 | BWP 27.00 | BWP 973.00 |
| South Africa | 3.5% + ZAR 2.00 | ZAR 37.00 | ZAR 963.00 |
| United Kingdom | 2.9% + GBP 0.20 | GBP 29.20 | GBP 970.80 |
| United States | 2.9% + USD 0.30 | USD 29.30 | USD 970.70 |
| Olympus Go and in-person methods | Rate | On a BWP 1,000 sale | Customer pays | You receive |
|---|---|---|---|---|
| Tap to Pay | 0.5% + BWP 6 | BWP 11.00 | BWP 1011.00 | BWP 1,000.00 |
| Card | 0.5% + BWP 6 | BWP 11.00 | BWP 1011.00 | BWP 1,000.00 |
| Apple Pay | 0.5% + BWP 6 | BWP 11.00 | BWP 1011.00 | BWP 1,000.00 |
| QR code | Free | BWP 0.00 | BWP 1000.00 | BWP 1,000.00 |
| Payment link | Free | BWP 0.00 | BWP 1000.00 | BWP 1,000.00 |
| Bank transfer | Free | BWP 0.00 | BWP 1000.00 | BWP 1,000.00 |
| Mobile Money (USSD) | Free | BWP 0.00 | BWP 1000.00 | BWP 1,000.00 |
The payer covers the fee and you receive the exact sale amount. Sending fees for Olympus Go and CashPoint are on the Olympus Go and CashPoint tab.
Work out a sale
- Rate
- Fee
- Customer pays
- You receive
| Client transfer | Fee |
|---|---|
| Transfer within Olympus | Free |
| Domestic EFT to a Botswana bank, standard | BWP 5 |
| Domestic EFT to a Botswana bank, instant | BWP 12 |
| International transfer, Business plan | 1.7% |
| International transfer, Merchant plan | 1.2% |
| Receiving into the UK account, Business and Merchant | 0.65% |
The sender pays the fee and the recipient receives the exact amount sent to them. The fee is shown before you confirm.
| Olympus Go and CashPoint | Fee | Paid by | Recipient gets |
|---|---|---|---|
| Receiving: Tap to Pay, card, Apple Pay | 0.5% + BWP 6 | Customer | Exact sale amount |
| Receiving: QR code, payment link, bank transfer, Mobile Money | Free | Not applicable | Exact sale amount |
| Sending: scan a merchant QR from your balance | 2% + BWP 6 | Sender | Exact amount requested |
| Sending: transfer to another Olympus user | Free | Not applicable | Exact amount sent |
| Get Cash at a CashPoint agent | 2% + BWP 6 | Customer | Exact cash amount |
A fixed fee of BWP 6 applies to each fee-bearing transaction, in addition to the percentage. The fee is added to what the payer is charged and is shown before they confirm.
Arubis is Olympus accounting software, priced per set of books and separately from banking plans. You do not need an Olympus account to use it. Every set of books has Premium free until 1 December 2026. About Arubis
| Feature | Free Free | Pro USD 19 a month | Premium USD 50 a month |
|---|---|---|---|
| Athena | |||
| Ask Athena about your books | Not included | Included | Included |
| Anomaly detection | Not included | Included | Included |
| Finance proposals for approval | Not included | Not included | Included |
| Project profitability insights | Not included | Not included | Included |
| Accounting | |||
| Bank statement import and reconciliation | Included | Included | Included |
| Income and expenses | Included | Included | Included |
| Automated bookkeeping rules | Not included | Included | Included |
| Multiple currencies | Not included | Included | Included |
| Revenue recognition | Not included | Not included | Included |
| Expenses | |||
| Bills and supplier records | Included | Included | Included |
| Receipt capture | Included | Included | Included |
| Receipt reading by Athena | Not included | Included | Included |
| Expense claims and mileage | Not included | Included | Included |
| Payment runs and approvals | Not included | Not included | Included |
| Sales and getting paid | |||
| Invoices, quotes and credit notes | Included | Included | Included |
| Online invoice link | Included | Included | Included |
| Recurring invoices and reminders | Not included | Included | Included |
| Overdue follow-ups drafted per customer | Not included | Included | Included |
| Price lists | Not included | Included | Included |
| Customer hub | |||
| Customers and suppliers | Included | Included | Included |
| Customer statements | Included | Included | Included |
| Leads and pipeline | Not included | Included | Included |
| Time | |||
| Time tracking | Not included | Included | Included |
| Billable time to invoices | Not included | Included | Included |
| Projects | |||
| Projects and job costing | Not included | Included | Included |
| Budgets and forecasts | Not included | Included | Included |
| Inventory | |||
| Products and services | Included | Included | Included |
| Stock levels, counts and reorder alerts | Not included | Not included | Included |
| Reorder suggestions that draft purchase orders | Not included | Not included | Included |
| Fixed assets and depreciation | Not included | Not included | Included |
| Business intelligence | |||
| Financial statements and VAT | Included | Included | Included |
| Standard accounting reports: ledgers, ageing, open items, payments, reconciliation summary | Included | Included | Included |
| Multi-period comparisons | Included | Included | Included |
| Executive summary and budget against actual | Included | Included | Included |
| Saved and custom reports | Not included | Included | Included |
| Business insights: margins, debtor days, runway | Not included | Included | Included |
| Payroll and team | |||
| Payroll with PAYE, pension, leave and payslips | Not included | Not included | Included |
| Custom roles | Not included | Not included | Included |
| Connected platform | |||
| Excel and CSV import and export | Included | Included | Included |
| Connected apps | Not included | Included | Included |
| API keys and webhooks | Not included | Not included | Included |
| People who can sign in | 2 people | 5 people | Unlimited people |
Your external accountant and auditor do not count towards the people on your plan.
Free Basic account.
For individuals and small businesses. No monthly fee. Apply in 10 minutes, with no in-person visits.
- No monthly account fee
- A BWP current account, personal or business
- Free transfers within Olympus
- Up to 50 transactions and 5 invoices a month
- Send and receive by EFT at BWP 5 standard or BWP 12 instant
- Email support
- Upgrade to Business or Merchant when you need team members, unlimited transactions or the API
Also worth knowing.
Fixed fees
Transfers within Olympus are free. A domestic EFT to a Botswana bank account costs BWP 5, or BWP 12 for instant. A physical card costs BWP 120. See all fees
Olympus Go and CashPoint
Receiving by Tap to Pay, card or Apple Pay carries 0.5% + BWP 6, paid by the customer. Scanning a QR from your balance and Get Cash carry 2% + BWP 6, paid by the sender. Recipients always receive the exact amount.
Sandbox limits
During the Bank of Botswana Regulatory Sandbox, a single transaction is capped at BWP 5,000 and an account balance at BWP 20,000, by regulatory directive.
Not priced here
Foreign exchange margins and pricing for higher-risk clients are quoted on request. See higher-risk client fees and exchange rates.
Pricing questions
Is there a monthly fee?
Basic accounts are free. Business is BWP 149 a month and Merchant is BWP 399 a month. Accepting payments and sending money are charged per transaction.
Who pays the fee on a transfer to another person?
The sender pays the fee and the recipient receives the exact amount sent to them. The fee is shown before you confirm.
What do Olympus Go and CashPoint cost?
Tap to Pay, card and Apple Pay payments on Olympus Go cost 0.5% plus BWP 6 per transaction, paid by the customer. QR codes are free. Scanning a QR from your balance and getting cash carry 2% plus BWP 6, paid by the sender. Recipients always receive the exact amount.
Can fees change?
Yes. Fees are region based and can change on at least 30 days’ written notice.
Are there limits on what I can send?
While Olympus is in the Bank of Botswana Regulatory Sandbox, a single transaction is capped at BWP 5,000 and an account balance at BWP 20,000. The Bank of Botswana may revise these limits.