EcoCash extends payroll services to security companies

ECOCASH, the leading financial services platform in the country, has expanded its payroll services to include security companies.

The latest development allows employees of companies in the security sector across the country to conveniently receive their full pay directly into their EcoCash wallets.

“Extending payroll services to security companies whose personnel are scattered across the country, guarding the assets and premises of their clients will meet a unique need to the industry, save time and money, and provide much needed convenience,” said EcoCash in a latest update.

Zimbabwe’s leading financial services platform, EcoCash Holdings recorded revenue of $218 billion for the half year ended 31 August 2023, a growth of 40 percent compared to $155 billion in the prior year.
EcoCash Holdings

The company said security companies already enjoying the EcoCash payroll service include Guard Alert, Fawcett, Securico, Peace Security, Volsec, Strike Security, Gilta Security, Armour Shield, Siera Vision Security and Absolute Security, among others.

According to the update, the EcoCash Payroll Services is designed to create efficiencies, streamline operations and enhance employee satisfaction for security companies, which often face the challenge of managing payroll for a large and diverse workforce, stationed across wide geographical locations.

By leveraging EcoCash’s mobile platform, EcoCash says security companies can now securely disburse salaries, bonuses and allowances directly into their employees’ EcoCash wallets, thereby eliminating cumbersome and time-consuming cash-handling processes.-chronicle