Mobile money has redefined financial services locally and every serious service provider in the industry has tried to get in on the action. Local banks were relatively late adopters of m-commerce but despite this some of these institutions have managed to make remarkable progress even in the face of steam rolling competition from the likes [...]
In September last year, we posted that FBC had introduced a new mobile banking service called Mobile Moola. They had and hadn’t. The advertising for the product died down and a visit to the bank’s head office in Harare to find out more about it only yielded that they weren’t ready to start talking about [...]
Back in march when news first broke that ZimSwitch was working with Telecel to power mobile banking for local banks, the two banks that Telecel confirmed they were working with were CABS and POSB. CABS launched its mobile banking service (branded textacash) in September. As for POSB, ZimSwitch told us exactly month ago the bank was in “live pilot”.
Through adverts in the press today, POSB has announced that its mobile banking service is available to the public.
We met ZimSwitch business development manager Adam Roscoe this week to discuss the newly unveiled ZimSwitch Mobile platform. Roscoe disclosed in the interview that a total of 12 financial institutions are either live, performing tests, or starting implementation of ZimSwitch Mobile. The platform enables all financial institutions connected to ZimSwitch (currently 19 Institutions) to offer [...]
Telecel and ZimSwitch today (Thursday) announced that they had teamed up to enable banks to offer their customers an affordable and easy-to-use mobile banking facility that could change the face of banking in Zimbabwe.
Following our story earlier today on the coming launch of ZimSwitch Mobile later this month, a reader sent us a picture they took of a mobile banking advert by CABS in their Sam Levy’s Village branch in Borrowdale, Harare.
This week, we received communication from ZimSwitch that the ZimSwitch Mobile platform will be rolling out to the first wave of ‘ZimSwitch Ready’ banks this month and that more banks will follow “hot on their trails”.
Telecel Zimbabwe has just revealed to Techzim that it’s working with Zimswitch Mobile to include more banks on its mobile banking platform.
Telecel launched the Skwama mobile banking services in January this year but only provided the service to subscribers banking with Zimbabwe’s Kingdom Bank.