Banks, Paynet stalemate stalls transactions

BULK payments service provider, Paynet Zimbabwe, has accused banks of greed in refusing to pay fees in foreign currency for using its payments platfor

ZIPIT fully operational

ZIMBABWE'S national electronic funds switch, Zimswitch, release a public statement saying the ZimSwitch Instant Payment Interchange Technology (ZIPIT)

Pension payouts delayed as foreign tech company cuts off Zimbabwe banks

PENSIONERS might have to wait a bit longer before they receive their monthly payouts, which were due yesterday, the National Social Security Authority

Paynet switches off Zimbabwe banks

PAYNET, a subsidiary of Mauritian financial services provider Payserv Africa, has suspended all local financial institutions from its transacting plat

Cambria Africa suspends service to Zimbabwe banks over pay dispute

Cambria Africa PLC said Wednesday it has suspended its payment service to its bank customers in Zimbabwe.Cambria Africa is an investment compa

AfDB to launch the African Digital Financial Inclusion Facility

THE African Development Bank (AfDB), with donor partners will this week launch the African Digital Financial Inclusion Facility (ADFI). ADFI i

Mobile transactions decline

THE value of transaction processed through the National Payment System (NPS) have declined by 11,3 percent to $4,6 billion during the week ending May

Mambondiani quits Steward Bank

CRUSADING banker, Lance Mambondiani, Saturday confirmed he had resigned as Steward Bank chief executive officer and has set his sights on a "fresh cha

Woman arrested for Whatsapp EcoCash fraud

A WHATSAPP group fraudster from Bulawayo has been arrested for allegedly defrauding clients through a fake WhatsApp trading group. Ngelihle Magonya (2

How to pay your DStv using EcoCash?

Pay using the EcoCash FCA wallet by generating a VCN. Make sure you deposit US$ first in your EcoCash FCA wallet and you'll be good to go!

StanChart rolls out retail digital banking

The country's oldest financial institution, Standard Chartered Bank Zimbabwe (StanChart), is planning to strengthen its franchise by rolling out its f

Electronic payments boost banks' revenues

THE proliferation of electronic payment systems has opened an avenue for the country's financial services sector to boost their revenue as they are ma

Man 'forges' EcoCash transactions

A 55-year old Harare man, who allegedly devised a strategy to 'doctor' Ecocash transaction messages before duping businesses of over $21 600, has had

Nedbank Zimbabwe to send SMS alerts for all transactions

Nedbank Zimbabwe has embarked on an exercise to ensure its clients receive SMS alerts for all transactions.This functionality applies to all N

FBC Bank completes systems maintenance exercise

FBC Bank is advising its customers that it has completed the system maintenance exercise which commenced on 17 April 2019. The bank had advised of sys

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,

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