Mobile service provider Telecel has launched a debit card for its Telecash mobile financial services subscribers.
Dubbed the Telecash Gold Card, it allows Telecash subscribers to make transactions on all ZimSwitch POS terminals and also enables withdrawals from every ZimSwitch ATM facility.
The card can also be used for the payment of a host of other services that have already been enabled on Telecash such as DStv payments and bill payments.
Telecash partnered primarily with CBZ to introduce the service, with other financial service firms being included through the ZimSwitch platform.
Speaking at the launch, the head of Telecel Mobile Financial Services Telecel Nkosinathi Ncube highlighted how the launch of this product was a result of a detailed fact finding process that showed how mobile money would be aided in efficiency by a payment solution that is fast and convenient.
Ncube expressed Telecel’s pride at being the first operator to offer a direct integration between mobile money and retailing services. He also highlighted their long term objectives to integrate the card with international payment options such as VISA and Mastercard.
In the same presentation he also stressed how Telecel is keen on working with developers as they have already opened their API. This has been been received with a huge response and as such Telecel will be integrating individual developers on a case by case basis.
The full press release from Telecel is available below.
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16 comments
just noise, who wants a zimswitch card… WE WANT VISA Period
I want it and just got it
I want this card too. Perhaps i read the article to quickly to understand how to get it! How did you go about it
Registered active subscribers will get the card for free from any Telecel office or registered
Telecash agent.
LOL! Good reply! Always marvel at people getting so presumptuous.
You are most likely some-mno-we-know’s agent and are sour grapes. Me and my buddies wants it!! Well done TeleCash. Now I can cash out everywhere, anywhere, without having to sign e-manual books. This is right!
dude visa is everywhere. go to your bank
“……He also highlighted their long term objectives to integrate the card with international payment options such as VISA and Mastercard. ” This is what the people want now not in the long term.
Hector Chikomba that functionality will surely come with time. This is a very good development, and remember mobile money in Zim is only good for paying people and retailers in Zim, so allowing debit card functionality at the point of sale is really good. This will allow you to transact seamlessly at the point of sale, as opposed to the Ecocash solution where you have to key in codes and PINs and what not in order to pay a retailer. This is now simple-swipe, PIN and off you go.
Shut up and take my money! Well done Telecel ! hope you will integrate with VISA sooner than later.
Well done Telecash! In the long term maybe Exchange Control regulations will allow international payments to be made from mobile money services, at the moment that’s not allowed, so VISA is out, in the short term.
Can I link this to an existing bank account or ZimSwitch card?
Or get my ZimSwitch card to allow Telecash
What are the associated charges?
Found this interesting article http://wesgoronga.blogspot.com/2014/07/zim-mobile-wars.html
It seems there are people on this forum who are here to promote or discourage the new product and they make it too obvious. I would rather focus on what is being offered by Telecel and we discuss merits and demerits to assist us all to make an informed decision. If you are a rented contributor, go away. We have no need for you here.
bless you Telecel,we need that