NMB launches TapCard for fast payment with just a tap

NMB Bank has launched a TapCard that only needs to be tapped against a point of sale machine to pay for any purchase. The card is available to anyone,

Steward bank announces planned maintenance for 17 - 20th of April 2019

Steward Bank has advised its customers of planned system maintenance due to take place from 17 until 20th of April 2019. The system rejig come

Zimbabwe has 5 active mobile payment service providers

Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says Zimbabwe has five active mobile payment service providers in Zimbabwe, and the government i

Zanu-PF electronic card raises a storm

The ruling party seems to have recently issued out debit cards to party members. The card was introduced a number of years back but back then it was n

BancABC struggling to restore internet and mobile banking channels

Atlas Mara Zimbabwean unit, BancABC's banking system has been down since last week Monday leaving thousands of customers stranded.Customers tr

BancABC banking system down

Atlas Mara Zimbabwean unit, BancABC's banking system has been down since Monday leaving thousands of customers stranded.Customers trying to tr

Harare looses millions to 19 fake POS machines

Harare City Council may have been swindled off millions of dollars as rogue employees have introduced unregistered Point Of Sale (POS) machines, colle

RBZ grants 26 firms bureaux de change licences

THE Reserve Bank of Zimbabwe (RBZ) has issued licences to 26 institutions to operate as Bureaux de Change.In a notice, the RBZ said this is li

First Capital bankers can now enjoy the full benefits of Zipit

First Capital Bank, (formerly known as Barclays) has finally and fully joined ZIPIT allowing their customers to access all the mobile banking services

Zimbabwe's RTGS$ weakens 20% against the real dollar

The RTGS dollar introduced by the Reserve Bank of Zimbabwe (RBZ) in its 2019 Monetary Policy Statement, has continued to weaken against major currenci

RBZ pleased with surge in mobile banking

The Reserve Bank of Zimbabwe (RBZ) says it is pleased with the surge in mobile phone banking subscribers from 3.3 million in 2016 to 6.1 million in 20

Call for Zimbabwe banks to embrace digital technologies

The banking sector has been called upon to embrace digital technologies which will enhance strategic partnerships and ensure efficient services to cli

World Remit sorry over Cyclone Idai money transfer fee waiver refusal

International money transfer agency World Remit has donated $25,000 to the Red Cross' relief mission for Cyclone Idai - but not before a social media

TN reopens 'cattle bank' with RTGS$25m

TN Livestock Trust (TNLT), a subsidiary of Lifestyle Holdings, has re-opened its "cattle bank" where farmers can deposit their cattle for a number of

TN Livestock to re-open Cattle Bank

TN LIVESTOCK Trust (Private) Limited (TN) is set to re-open a cattle bank in Featherstone, in a move that will recognise cattle as a bankable asset.

Forex shortages hit Zimbabwe's payment systems

ZIMBABWE'S payments ecosystem faces collapse as players in the sector are failing to pay licensed and maintenance fees to foreign service providers, S

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