Ecocash bear brunt of RBZ ban
The ban of mobile money agent lines by the Reserve Bank of Zimbabwe saw mobile money subscriptions and value of mobile money transactions fall drastically for the third quarter to … Read More
Category: Mobile Money
Mobile money clampdown erodes 2c tax earnings
THE clampdown on mobile money transfer services is negatively impacting on the Intermediated Money Transfer Tax (IMTT) popularly known as 2c tax, which contributed poorly to revenue performance in the … Read More
Covid-19: Stanbic Bank steps up digitisation drive
Leading financial services institution, Stanbic Bank, is banking on its innovative mobile and internet platforms to ensure its clients are well served throughout the 30-day lockdown. The bank, which last … Read More
Cassava focuses on digital transformation
CASSAVA Smartech Zimbabwe says the drive towards digital transformation for improved efficiency and revenue generation remains its goal with the company continuing to focus on identification and development of opportunities … Read More
EcoCash reviews transaction charges
THE country’s largest mobile money platform, EcoCash, says it would adjust its transaction charges by up to 20 percent starting next month citing the need to cover rising operating costs. … Read More
EcoCash seeks national payment switch status
Zimbabwe’s largest mobile money platform, EcoCash, says it has approached the Reserve Bank of Zimbabwe (RBZ) seeking approval to be designated as a national payment switch. This was after monetary … Read More
Ecocash revenue tumbles
Covid-19 induced interruptions to economic activity, as well as the pressure from various regulatory pronouncements, weighed down heavily Cassava Smartech’s results for the half year to August 2020. Apart from … Read More
EcoCash adapts to meet evolving customer needs
EcoCash, Zimbabwe’s largest mobile money platform, has been introducing important new features to its services — including a new self-care portal and a vastly expanded global remittance network — in … Read More
EcoCash reaps system upgrade benefits
THE country’s largest mobile money platform, EcoCash, says it is now reaping the rewards of its core system upgrade, with the platform now able to deliver automated and significantly enhanced … Read More
Cassava extends ‘My Ecocash Rewards’ to diaspora remittances
IN an effort to increase foreign currency remittances into the country and bring smiles to local customers during this festive season, Cassava Smartech Zimbabwe (Cassava), has extended its ‘My Ecocash … Read More
