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