9 months ago 

We’ve figured out payments, so what’s next for Zim e-commerce?

Last Saturday Paynow, a local e-payments integration service, hosted a developers’ day at the Hypercube Hub. The event was attended by several developers and designers with some of them eager to integrate Paynow with their online services. Matthew Hood, the technical lead at Paynow, was pleased with the turnout at the Developer day, largely because […]

10 months ago 

EXCLUSIVE – How to use MasterCard with Telecash

For those of you who are avid online buyers, here’s a hack that will allow you to use your MasterCard with Telecash. This solution has been available ever since Telecash launched in Zimbabwe and has been possible because of their “interoperability”. Enjoy!!! (You can thank me later) What you will need to use MasterCard with Telecash A […]

11 months ago 

Sakunda Energy digitalises payment with Fuel Card

Most of us remember coupons fondly as the easily tradable pseudo-currency from the pre-dollarisation era. Well, local fuel distributor Sakunda Energy has taken a step into the digital age and done away with the coupons with the introduction of their Sakunda Fuel Card. The petroleum concern stopped selling coupons some time ago and has been advising […]

1 year ago 

What mobile banking USSD functionality exactly do banks want from Econet?

So after publishing a number of articles on the situation between the banks and Econet, about neutral access to the Econet GSM network, we’ve received a number of questions about  what exactly the banks are being denied and what they want from Econet. So far we’ve talked of limited USSD functionality. Thought we could dedicate […]

1 year ago 

Vpayments technical hassles gone but bureaucratic ones need to go as well

A few days ago I noticed vPayments finally has easy to integrate plugins for e-commerce CMS like Opencart, Magento and OScommerce and I immediately downloaded for an Opencart store I was experimenting with. This is a good development considering that less tech savvy e-commerce startups would otherwise have trouble integrating vPayments using pure code. The new […]

2 years ago 

Barclays Zimbabwe to launch mobile banking service, Hello Money (updated)

Barclays will be launching its mobile banking application Hello Money, in Zimbabwe this month. The announcement was made as part of the launch of new ATMs by the company a few days ago. Hello Money will allow Barclays account holders to transfer money to a Barclays account or to an account at another banking institution, airtime top up, mini statements and balance enquiries.

2 years ago 

EcoCash & Stanbic integrate. CEO Mboweni comments on ZimSwitch integration

We’re just from a press conference where Econet Wireless and Stanbic Bank announced the integration of Econet’s mobile money transfer platform, EcoCash, with Stanbic’s banking system allowing EcoCash subscribers to transfer money from and to their Stanbic accounts. Selected branches of Stanbic will also act as EcoCash Super Agents allowing EcoCash agents and customers to do EcoCash transactions.

2 years ago 

EcoCash vs Banks: Econet is trying to confuse everyone, says FBC’s Mushayavanhu

As you may know, Econet came out yesterday to publicly accuse CABS, ZimSwitch and Kevin Terry of using the Bankers Association of Zimbabwe to fight Econet’s mobile money product EcoCash. The CABS MD, according to campaigning against EcoCash so he can push his own mobile money/banking product, Textacash. Textacash you will remember is basically an implementation of ZimSwitch’s Shared Services platform. And Zimswitch is owned by more than just CABS.

2 years ago 

Econet accuses CABS, ZimSwitch & Kevin Terry of trying to frustrate EcoCash

Press releases are usually filled with exaggerated self-praise and sometimes some subdued remarks subtly attacking the competition. Not with today’s press release from Econet Wireless which we posted earlier. The company has fired a salvo at CABS, ZimSwitch and Kevin Terry accusing them of using the Bankers Association of Zimbabwe to fight the EcoCash mobile money service.

2 years ago 

Press Release: ZimSwitch Vpayments – eCommerce in Zimbabwe

ZimSwitch is pleased to announce that the long awaited Vpayments platform is now in a controlled live environment, following pilot approval from the RBZ for this controlled stage of the launch. Vpayments is an eCommerce Payments Gateway that enables all 19 ZimSwitch member Financial Institutions to offer their banked customers the convenience of secure Internet based payments, and their merchants the ability to sell goods and services “online”.

2 years ago 

Webdev prepares to launch Vpayments integrated hosted shopping cart

About 2 months ago, in line with the new strategic direction for the company, Webdev introduced a hosted cart solution. According to the founder, Garth Drummond, the company is gradually moving away from the usual website development work that has been their work for more than 10 years now into hosted web solutions and the shopping cart is the start. The development is timed along with Zimswitch’s introduction of Vpayments, an online payment solution that makes shopping carts conveniently usable to Zimbabwe’s internet population.

2 years ago 

While Zimswitch waits, Econet chooses to partner banks directly with EcoCash

Today we attended a press briefing where Econet Wireless Zimbabwe and CBZ Bank were announced a new mobile banking partnership. The partnership basically entails that EcoCash subscribers who bank with CBZ can now move money between their EcoCash mobile money wallet and their traditional bank account from their mobile phones. Users of the service can also check the bank balance and get a mini statement all via EcoCash.

3 years ago 

Everything you need to know about Zimswitch’s Vpayments gateway

Zimswitch, a national switching company recently introduced an internet payment gateway service called Vpayments. Being a financial switch basically means they provider interconnection between their member banks. Zimswitch member banks account for about 95% of the 1.5 million banked population in Zimbabwe. After hyperinflation and dollarisation, many Zimbabweans moved away from the banks, but now they are moving back, with the number of banked individuals holding a bank account expected to exceed 3 million by the end of 2013.