Exciting week of payments indeed! We can exclusively reveal that TeleCash, the mobile money service provided by Telecel Zimbabwe, has a live API and the mobile operator is now inviting developers and merchants to come integrate. We got confirmation today from the company’s Mobile Financial Services Director, Nkosinathi Ncube.
Currently, Webdev (the company behind Paynow) is working on integrating the service to its internet payments gateway, Ncube told us. “The TeleCash API is LIVE and open to all developers and online merchants, and we invite all potential developers or merchants to come and connect with TeleCash,” he said.
Telecel Zimbabwe is the first company to openly invite developers and expose its API to the tech ecosystem in Zimbabwe. Developers, both local and regional, have been complaining for a while now that the main mobile money player, Econet, won’t open up its EcoCash platform to developers so they can push and pull transactions from it.
Ncube explained how the online payments feature works: “Customer will generate an OTP (One Time Password) valid for 30 minutes from the TeleCash USSD Menu *888# > Online Payments Option, the customer will enter this OTP on the Merchant Site or Channel, which will then invoke the TeleCash API to move funds in a secure manner.”
Ncube also provided a diagram that shows how it works:
If you’re a developer and have been part of the clamouring for mobile operators to expose APIs to the developer community, we hope those cries were genuine and that this will unleash payments innovations on the web and mobile.