Last Saturday Paynow, a local e-payments integration service, hosted a developers’ day at the Hypercube Hub. The event was attended by several developers and designers with some of them eager to integrate Paynow with their online services. Matthew Hood, the technical lead at Paynow, was pleased with the turnout at the Developer day, largely because […]
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We’ve figured out payments, so what’s next for Zim e-commerce?
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Zimswitch ATM cash withdrawal charges increased
Local banks are set to raise the cash charges on Zimswitch ATM withdrawals by 50%. This increases the charge from the current $2 to $3 per transaction starting next month. This adjustment in charges applies to any customer taking advantage of Zimswitch interoperability and withdrawing money from a non- native ATM, which is another bank’s […]
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ZANU PF dabbling in banking and e-commerce?
If you are a paid up member of the country’s ruling party ZANU PF and you have the latest version of their membership card there’s something you’ll have noticed already. The card is written ZANU PF Financial Services and has a Zimswitch logo at the back of it. After receiving some inquiries regarding this card […]
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What can we expect at Zimbabwe’s 1st Mobile Money & Digital Payments Awards?
The Mobile Money and Digital Payments Conference, an awards ceremony that seeks to recognise and honour outstanding performance and innovation in mobile money and digital payments will be held on the 27th of July in Harare
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Econet still uninterested in interoperability (updated)
It seems Econet, banking on its market share and business interests, is still unwilling to enable interoperability in some aspects of their services, particularly hand to hand wallet to wallet interfacing. This is unlike the competitors OneWallet, Telecash and Nettcash.
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These are the winners at Zimbabwe’s Mobile & Digital Payments Awards
A whole day of discussions around digital and mobile payments that brought together banks and mobile network operators, was concluded with the Awards Ceremony that recognised the best performing companies and products.
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How can we help Zimbabwean e-commerce, the black sheep in our family?
How do we help e-commerce, the backbencher of the Zimbabwean tech revolution find its mojo? After all, it should have disrupted the status quo by now, considering how it solves two problems, something which represent a unique selling point.
Articles appeared first on Techzim;
How can we help Zimbabwean e-commerce, the black sheep in our family?
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Meikles Financial Services set to launch its own MyCash Card
The Meikles group is developing a loyalty card that is similar to the MyClub Card but looking to enhance it with banking services. Most conventional mobile money transactions are going to be covered by the card.
Articles appeared first on Techzim;
Meikles Financial Services set to launch its own MyCash Card
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From an offline to an online experience: the shift in Zimbabwean e-commerce
In recent months, we have been seeing the shift in companies from cash sales to the trendy electronic and online platforms. Some of the most unlikely "traditional" corporate are showing an interest in these "new age systems". Are we finally seeing the start of a huge shift into online payments and mobile payments in Zimbabwe? In this interview, we discuss this dynamic with Vusi Ndebele from local payments aggregator, Paynow.
Articles appeared first on Techzim;
From an offline to an online experience: the shift in Zimbabwean e-commerce
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Zimswitch fees increase counterproductive to plastic money
The Zimswitch fees increase is retrogressive to the slow but positive plastic money uptake in Zimbabwe in that it will deter customers from using ATMs and POS if they cannot locate one from their own bank.
Articles appeared first on Techzim;
Zimswitch fees increase counterproductive to plastic money
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Mobile money is the most credible solution to Zimbabwean cash crisis
Despite its mass adoption across the country where it has outpaced formal banking services, mobile money has only been mentioned as one alternative and not as the leading solution that it is primed to be.
Articles appeared first on Techzim;
Mobile money is the most credible solution to Zimbabwean cash crisis
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ZimSwitch raises ZIPIT send limit to $10K, records explosive growth
A big factor in the booming popularity of these services is the fact that now, senders can now transfer up to US$10,000 instantly (the cap has been raised from $1,000.) Further, Zimswitch has transaction charges that add up to only $0.20 flat.
Articles appeared first on Techzim;
ZimSwitch raises ZIPIT send limit to $10K, records explosive growth
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City of Harare embraces digital payments options as cash shortages worsen
The latest to do so has been the City of Harare. After announcing plans to introduce swiping facilities the municipality has now introduced the bank card facilities in its banking halls.
Articles appeared first on Techzim;
City of Harare embraces digital payments options as cash shortages worsen
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Here are 11 ways to survive the current cash crisis in Zimbabwe
We've come up with a list of 11 things that everyone who is struggling to get their hands on their cash from the bank can do to weather the cash crisis storm.
Articles appeared first on Techzim;
Here are 11 ways to survive the current cash crisis in Zimbabwe
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CABS joins NMB in refusing individual USD telegraphic transfers as cash crisis bites
An email late Friday, but dated 23 June, sent out to customers from Managing Director Simon Hammond, CABS has announced termination of processing of telegraphic transfers (TT), both incoming and outgoing, for individuals in USD, GBP and EUR effective 01 July 2016. This follows a similar move by NMB Bank Limited nearly two months ago when the […]
Articles appeared first on Techzim;
CABS joins NMB in refusing individual USD telegraphic transfers as cash crisis bites
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ZB Bank launches the Pauri Card, another tool for improving financial inclusion in Zimbabwe
To be fair, though, it doesn't look like ZB Bank is looking for a "never-been-seen-before" effect. The financial services group instead, seems to be focused on one major goal - offering a financial inclusion tool that can help it expand its use case and its presence among people who aren't willing to open a bank account but are interested in some formal banking services.
Articles appeared first on Techzim;
ZB Bank launches the Pauri Card, another tool for improving financial inclusion in Zimbabwe
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Zimbabwe is ready for plastic money as a cash crisis solution? Try looking for a POS machine
It would seem while there is a concerted effort by various financial institutions to market their plastic money offerings no one seems bothered by the fact that there is still a limited number of places where you can use these cards anywhere.
Articles appeared first on Techzim;
Zimbabwe is ready for plastic money as a cash crisis solution? Try looking for a POS machine
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ZANU PF membership cards to soon turn into ‘debit cards’
So back in 2014, Techzim wrote about how the ZANU PF membership cards now had a Zimswitch logo. At that time, it was quite unclear how everything would work we were all left but just wondering since none of the stakeholders could give us any useful information. 3 years later, we now have the answers […]
Articles appeared first on Techzim;
ZANU PF membership cards to soon turn into ‘debit cards’
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Zimswitch Goes Down For 3 Hours Today. Business Comes To A Standstill
Many people report that Zimswitch went down for around 3 hours in the afternoon of today. Due to the outage, several businesses were not able to process swipe transactions which rely on Zimswitch to be working. Apart from that, people were also not able to use ZimSwitch Instant Payment Interchange Technology (ZIPIT) to make transfers […]
Articles appeared first on Techzim;
Zimswitch Goes Down For 3 Hours Today. Business Comes To A Standstill
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See the status of banks on ZIPIT, send and receive status, USSD codes and more
Let us start with an assumption that we all are familiar with ZIPIT now, the interbank transfer processor. With the ongoing cash crisis Zimbabwe is facing ZIPIT has grown in importance. The interbank processor connects 20 banks and allows any mobile registered user on any network to send money from their bank account to another […]
Articles appeared first on Techzim;
See the status of banks on ZIPIT, send and receive status, USSD codes and more
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