EcoCash users, holiday makers, set to benefit from EcoCash USD Wallet use cases

ECOCASH, whose USD wallet can be easily accessed by dialing *153# – and can be
automatically used by any registered EcoCash customer – has said it hopes holiday
makers and the general public will take advantage of the convenient wallet service, to
transact securely over the festive season.

“We encourage our customers and the general public to take advantage of this
convenient service to send and receive USD cash, or pay for goods such as groceries and
essential services such as electricity and medicines, using the EcoCash USD wallet,” the
company said.

Customers do not need to do anything to create the wallet. All they need to do is dial
*153# and start to use it.
EcoCash launched the service, which allows customers to send and receive US dollars
anywhere across the country, back in April.

“The sender can cash in the money (put the money onto their EcoCash wallet) at any
Econet shops and franchisees, Steward Bank branches and several authorised merchants
across the country — including OK Stores and several pharmacies countrywide,” said
EcoCash.

Recipients of money that is ‘EcoCashed’ to them, can similarly cash out the money (get it
out of their phone as USD cash) at the same shops, bank branches and outlets across the
country.

“The recipient can then go and cash out their US dollars at their convenience, when they
need to use the money, or they can keep it in their EcoCash USD wallet until they need to
use it to buy goods, pay for services or send it to anyone, all from the convenience of
their phone,” said the company.
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US dollars
“Customers can also receive US dollars directly on their EcoCash USD Wallet, from
relatives or friends living or working outside the country. The sender can easily send the
money via international money transfer companies such as SasaiRemit, and many
others, and the money will land directly in the customer’s USD wallet.
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“And in addition, customers can use the EcoCash USD Wallet to buy USD airtime directly
from their phones,” the company said.
The EcoCash mobile money business is a subsidiary of EcoCash Holdings Zimbabwe, a
diversified digital and fintech group listed on the Zimbabwe Stock Exchange.-The Chronicle