advertisement

EcoCash to launch EcoCash Diaspora in the UK in the coming days

advertisement

ecocash-pano

advertisement

EcoCash is reportedly in advanced stages towards the launch of a service extension now called “EcoCash Diaspora” in the UK. EcoCash launched the same service in South Africa last year but it wasn’t coined EcoCash Diaspora at that time. EcoCash Diaspora will now also enable Zimbabweans in the UK to transfer cash to friends and family in Zimbabwe via EcoCash. .

Techzim sources revealed to us the contents of an email from an Econet representative in the UK outlining their recruitment plan for both EcoCash Diaspora agents and customers. Our sources say the launch will be held this Friday.

advertisement

Here are the contents of the email:

Do you want to be an EcoCash Diaspora Money Agent? Or wish to send money home in future using EcoCash? EcoCash Rep is in Manchester this Saturday to meet people and answer all your questions. Venue to be advised.

Email below from EcoCash Zim: Econet  is in the process of rolling out its own money transfer product – EcoCash Diaspora.

Econet is looking to appoint agents in the UK whom the company will pay commissions for registering fellow Zimbabweans onto the product as well as pay commissions for being an agent who sends money on behalf of our fellow Zimbos – just the same way the Western Union agents operate. It is a real business opportunity and I know  fellow business minded people like you in the diaspora will appreciate this chance. I am coming to London this week Thursday, specifically for this opportunity. I also would like your help or that of influential people you know in setting up a meeting in Leicester, Luton and Leeds  and sending out some invites to Zimbabweans in your area that you think would want to register for the wallet. …

Over and above this, we also have a Master Agent agreement, where you can earn transaction commissions  should you sign up as one of our money transfer agents and start sending money of behalf of customers.  I will send you both the distributor and agent agreements before close of business tomorrow.

A high placed source at Econet Zimbabwe also confirmed to Techzim that EcoCash is indeed working to roll out “EcoCash Diaspora” and says the launch will be done within days.

Details are still sketchy on the technical aspects of the new product but we suspect that EcoCash Diaspora agents will be handed Econet lines with roaming and EcoCash capabilities (Cash-in, Sending money, etc).

From the email, we can assume that customers in the diaspora won’t be able to keep cash in a mobile wallet but would need to locate an EcoCash Diaspora agent, cash-in into the agent’s line who in turn transfers the cash to an EcoCash subscriber in Zimbabwe.

This new development comes just weeks after Econet owned Steward Bank announced the Diaspora Banking suite of products which has a Diaspora EcoCash Banking component. The Diaspora EcoCash product from Steward Bank relies heavily on customers in the diaspora to be on Econet roaming which we felt is a huge ask.

However, with EcoCash actively scouting for agents in the Diaspora, customers won’t need to have an Econet line but simply locate an EcoCash Diaspora agent and send money, pretty much the same way they do it with MoneyGram and Western Union.


Quick NetOne, Telecel, Africom, Econet Airtime Recharge


WhatsApp Discussions

Click to join a Techzim WhatsApp group:
https://chat.whatsapp.com/BiKUpt5hXMxHYedlfoSHul

If you find the group full, please notify us on +263 715 071 199 and we'll update the link.


5 thoughts on “EcoCash to launch EcoCash Diaspora in the UK in the coming days

  1. could you please provide us with the contact details for the Ecocash rep in UK. Were have they advertised for their launch in UK?

  2. Its no longer the age of me driving miles around looking for an agent. Western union, Mukuru, money gramme all do online service where i dont need to leave my house to send money to zim.

    We are waiting to hear how they will do it on friday,

    1. On the other hand, your tete in Hurungwe or Gokwe is spared the even longer trip to Western Union in harare if only you were to leave the comfort of your Router and meet her halfway.. just my thought..

  3. Where will the events be held? Do let us know as we have interest signing up/promoting.

  4. yah the western nations have the online function to send cash to zw. the only advantage eco could have charging is a lower commission than moneygram or western union. Eco’s advantage is also the agents in zimbabwe spread across the city so one doesnt necesarily have to get the cash at the bank.

Comments are closed.

%d bloggers like this: