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#Exclusive: Standard Chartered finally links with Ecocash

Although there are technically three mobile money operators in Zimbabwe: Ecocash, Onemoney and Telecash; the truth is quite obvious to everyone. Econet's Ecocash enjoys a near monopoly as it controls 98% of the mobile money market. As a result Ecocash has become an indispensable part of Zimbabwe's payment options. Standard Chartered Zimabwe finally joins Ecocash I have had a Standard [...]

By |2018-03-16T06:05:36+00:00March 16th, 2018|Categories: Business, Finance, News|Tags: , , , |Comments Off on #Exclusive: Standard Chartered finally links with Ecocash

Standard Chartered Zimbabwe and ZB stop manual RTGS

In a bid to reduce operating costs, improve efficiency and reduce error two of Zimbabwe's banks have stopped processing manual transfers Ever since the advent of Zimbabwe's cash crisis there has been an uptick in the usage of plastic money and transfers. Business related transfers are usually carried out using the Real Time Gross Settlement (RTGS). Most banks require their [...]

By |2017-10-03T17:56:28+00:00October 3rd, 2017|Categories: Business, Technology|Tags: , , , |Comments Off on Standard Chartered Zimbabwe and ZB stop manual RTGS