• Econet to launch EcoCash powered insurance for sme farmers, EcoFarmer

    We are getting information that Econet will in a couple of days launch the new EcoCash service called EcoFarmer which has been talked about a bit locally in the past […]

  • Econet increases EcoCash platform capacity increased 4 times

    Econet just announced via a press release that they are upgrading the capacity of the EcoCash mobile money platform to 4 times its current size. The upgrade is a multi-million […]

  • Econet warns customers of 12-day EcoCash service disruption

    Econet Zimbabwe just sent a message to its mobile money subscribers today warning warning of possible EcoCash service disruptions between yesterday (yes, if you’ve been having problems the past 24 […]

  • Econet Zimbabwe banks on EcoCash mobile money to create shareholder value

    At the company’s AGM recently Econet Wireless Zimbabwe explained to shareholders that the group is looking to services such as the mobile money service, EcoCash, for continued profitability and new […]

  • Zimbabwe: Of banks, Mobile Money and EcoCash

    Many like myself are probably wondering about the future of Mobile Money in Zimbabwe. On one side we have EcoCash bullishly rolling out merchant after merchant gathering enough momentum to […]

  • One agent’s experience choosing between EcoCash and Textacash

    If you have worked or stayed in the Avondale area in Harare, you probably know of a popular food place at the flea market where lots of people religiously enjoy their lunch everyday. I visited the place with a friend today and we were quite intrigued to find they are now accepting Textacash mobile payments.

  • Pay4App launches an online payments API for Zimbabwe that uses EcoCash

    Tracking the progress Pay4App have made on the path of solving the payments problem, the entrepreneurial consistency working on the problem in such a constraining environment is pleasing.

  • Econet completes EcoCash mobile money integration with NMB Bank

    We just got tipped to the news that Econet Wireless – well, the Econet Services part of it – has completed the integration of its EcoCash platform with NMB Bank’s banking platform.

  • EcoCash international money transfers coming soon, starting with South Africa

    Econet Zimbabwe has finally announced that it will be launching a remittance service under EcoCash. The suggestions that they were working on a service to rival international remittance services using their mobile money infrastructure started as early as last year.

  • Econet suspends EcoCash mobile money transfers to other networks

    Unlike other mobile banking offerings that have emerged on the market, customers using EcoCash are not required to have a bank account, do not need to switch their SIM cards for new ones, and can move money across different mobile networks.

  • EcoCash & MasterCard, not VPayments, will ignite ecommerce in Zimbabwe

    Through the MasterCard Mobile Money Partnership, you will be able to use your EcoCash wallet wherever MasterCard is accepted with the option to have a prepaid MasterCard that you can also use wherever MasterCard is accepted.

  • Econet breaks EcoCash as interconnection dispute with Telecel continues

    The smooth convenience of using mobile money for transfers and payments is exceptional. The idea of being able to send money to anyone that has a mobile phone and them being able to pick it up immediately in any part of the country is something that a few years ago wasn’t imaginable. Anyone with a…

  • Pay Kombi Fares with EcoCash: Adoption

    The introduction of EcoCash payments in kombis was met by large scepticism in the market. Some of us doubted its practicality and questioned how the conductor was going to verify all the text messages and identify who made the payments. Surely the conductor doesn’t know everybody’s name and number. So does he have to check…

  • Econet working on an EcoCash internet payments API

    Information we have suggests that Econet has been working on an internet payments component for EcoCash which was schedule to be released this month. The release has however, as we have been told, pushed a further and its not clear when it will be available to web developers and eCommerce companies to use.

  • The EcoCash mobile payments strategy and numbers: a case study by GSMA

    Recently, the GSM Association released a case study report they did on EcoCash this year. The case study focuses on EcoCash’s rapid uptake since launch in September 2011 with a look at how the company has managed to register 2.3 million Zimbabweans in under two years.

  • Harare city council bill payments latest addition to EcoCash uses

    Econet announced yesterday via an SMS to subscribers that residence of Harare can now pay their council bills (rates and water) using EcoCash as more practical use of the mobile money service are rolled out.

  • Why Skwama reloaded is real: Former top EcoCash executive now at Telecel

    We weren’t sure how direct an entry especially because she referred to it as “mobile banking”. New information we have received from sources in the industry says there indeed is a more direct mobile money project going on at Telecel.

  • Econet Wireless & Mahindra Comviva win GTB award for EcoCash

    Econet Wireless and Mahindra Comviva recently won a Global Telecoms Business (GTB) award for the EcoCash mobile money transfer project. Mahindra Comviva are the suppliers of the platform that EcoCash runs on.

  • Afrocoin to compete with Mukuru, Western Union, EcoCash in remittances

    A new startup, Afrocoin Mobile Money, is set to launch in the coming months (or weeks,no idea right now) as a new player in the remittances and mobile money transfer market.

  • EcoCash DStv payment: The problems and Econet’s response

    About a month ago, Econet introduced a new ultra-convenient way to pay for DStv subscriptions. A few days later, we tried it ourselves and it worked as promised; seamless!

  • Ditch your bank if they’re not connected to EcoCash, says Econet

    Between December 2012 and February this year, Econet announced in quick succession, the integration of its EcoCash mobile money transfer service to traditional banks, allowing EcoCash users to transfer money seamlessly between their bank accounts and EcoCash Wallets. It was CBZ, TN Bank, Stanbic, Agribank then ZB Bank.

  • Econet partners Paynet for EcoCash payroll service (updated)

    We just got information that Econet and Paynet, a local payments & payments software company, have partnered to offer a new EcoCash service that will enable companies to pay salaries directly into their employees’ EcoCash wallets. The service will likely be announced in the coming days.

  • EcoCash integrates to DSTV for pay TV subscription via mobile money

    If you thought being able to pay for your DStv at a supermarket till point was convenient (it was, we tried it), this is just going to be awesome. It’s one development we know most middle income families have been waiting for.

  • Of banks, EcoCash, mobile money agents, platforms and great customer care

    Recently I had to change banks because the one I was banking with is apparently going under. And Their customer care service is at its worst but that’s not the issue; I was essentially I was told by the executives at the top was that they couldn’t let me withdraw my money (we’re talking small…

  • The future of Ecocash and e-money in Zimbabwe

    Sometime in the midst of September 1958 the Bank of America began its Visa card program by mailing 60,000 unsolicited credit cards over all the country. This resulted in the first most successful implementation of a public general credit card and to this day Visa has the largest market share in the credit card industry

  • Econet introduces EcoCash Debit Card, a mobile phone to POS payment solution

    Earlier in the day we learnt and posted that Econet would launching a mobile phone to POS payment solution tonight. We’re just from the event, and most of the information we had is what was announced tonight. The company is introducing its own POS terminals to accept payments from EcoCash mobile wallets. The products is…

  • Econet to launch Point of Sale EcoCash debit product (updated)

    Remember when Econet promised they’d be launching a product that would excite the whole EcoCash ecosystem? It’s probably happening tonight.

  • Econet explains why the new EcoCash tariffs are cheaper overall

    When we first posted the announcement of the EcoCash Tariff review by Econet a few days ago, we noted that small amounts, that is most value ranges below $50, had actually become more expensive, while the larger amounts are significantly cheaper.

  • Econet reviews EcoCash mobile money transfer tariffs

    Econet has announced through adverts in the press the ‘reduction’ of tariffs of its mobile money transfer service, EcoCash. The move follows a directive from the Reserve Bank of Zimbabwe (RBZ) and general pressure from the market to review the charges. The Reserve Bank of Zimbabwe Governor, in his 31 January Monetary Policy Statement, issued…

  • Pay4App uses EcoCash for hybrid internet and mobile payment service

    Remember the UZ student who developed an EcoCash internet payments proof of concept last year? Well, he’s since joined a startup that’s doing exactly that – facilitating internet payments via EcoCash.