Zimbabwe and regional technology news and updates

EcoCash’s Zimswitch services including bank to wallet are down

EcoCash has in a statement announced that it’s Zimswitch services are down. CUSTOMER NOTICE EcoCash/Zimswitch service interruption Dear Valued Customers,Please be advised that you may experience intermittent service disruptions on EcoCash / Zimswitch transactions due to a technical challenge. Efforts are underway to restore normal service as soon as possible.All other EcoCash services remain unaffected […]

Screenshots: Don’t fall for this Ecocash scam

One side effect of Statutory Instrument 127 of 2021 is that I have observed an uptick in the use of the RTGS dollar. This is driven in part by increased usage of mobile money, swipe and ZIPIT. Thanks to the new law people would rather buy using RTGS as most popular shops no longer offer […]

EcoCash warns customers of account hijacks (again)

EcoCash has released a statement warning customers to be vigilant especially where it concerns account hijacks or takeovers: Public Notice Warning: Guard Against Fraud EcoCash is aware of reports of fraud, where unsuspecting EcoCash customers have lost money to criminals using false identities after they harvest customers’ mobile phone numbers from social media platforms such […]

EcoCash reaffirms its position as a licenced Bureau de Change

Straight from the horse’s mouth…

Why are you still using EcoCash?

OneMoney and Telecash are cheaper when it comes to charges.

EcoCash US$100 million fraudsters arrested

The long arm of the law.

US$100 mil EcoCash WhatsApp scam doesn’t make sense & here’s why

US$100 million over EcoCash alone hmm… guys.

OneMoney giving away 500MB for a ZWL$1000 deposit

Finally, a reason to deposit cash into OneMoney

Nearing 1 million subs, OneMoney slashes airtime discount to 10%

10% is better than 0% but halving it as the MMO nears a major milestone is strange.

EcoCash & OneMoney grew in Q4 2020 while Telecash crashed

Telecash now commands only 0.1% of the mobile money market.

Cassava secretly shuts down EcoCashSave

Cloak and dagger…

[Download] Monetary Policy Statement, February 2021

Download the recently published and first Reserve Bank of Zimbabwe (RBZ) Monetary Policy Statement (MPS) for February 18th 2021

EcoCash online payments system experiencing technical challenges

EcoCash online payments were down for about an hour early this morning. And then the system went down again.

EcoCash bill payments & mobile app will be down due to system maintenance

EcoCash has, in a tweet, notified customers that bill payments and the EcoCash Mobile app will be down due to a planned system maintenance

EcoCash now charging merchants per transaction with no warning

EcoCash is double-dipping according to reports that it is now charging a 0.3% for every transaction made to merchants.

EcoCash & Steward Bank offering customers ZWL$1000 loans in KaShagi part 2

EcoCash and Steward Bank have rebooted the KaShagi loans with subscribers and customers now getting ZWL$1000 to be paid back in 30 days.

Here’s how much your bank charges you to do a “bank to EcoCash wallet”

Here’s how much your bank charges you for a bank to a linked EcoCash wallet transaction.

EcoCash bank to wallet limits

EcoCash has, in a Facebook post, issued the spread of Bank to Wallet limits across all the commercial financial Institutions in ZImbabwe.

Mobile Money in 2020: EcoCash vs RBZ, OneMoney on the rise? & Telecash

Mobile money in 2020 EcoCash’s never-ending battle with the RBZ, OneMoney nearing the million mark and the continuing decline of Telecash.

EcoCash will run itself out of business with its transaction fees

A Twitter user revealed that it is far more expensive to send money via EcoCash than it is to do a ZIPIT transfer (of the same amount) to another bank account.

EcoCash fees to go up next month, here are the new tariffs

EcoCash has announced new transaction fees that will come into effect on January 14th 2021. The last time the mobile money operator increased tariffs was August this year Here are the new EcoCash transaction fees: Lower ValueZWL$ Upper ValueZWL$ IMT Tax(%) Tax on lower valueZWL$ Tax on upper valueZWL$ Bill Payment(EcoCash Tariff ZWL$) Sending money […]

Beware of investment scams operating via EcoCash

There has been a uptick in the number of investment scams that are operating via EcoCash.

Why can’t we convert airtime to money in an EcoCash wallet?

Airtime shouldn’t only be for calling and buying bundles. EcoCash and Econet Zimbabwe need to implement airtime conversion here as they did in Lesotho.

You can now redeem your own EcoCash Rewards points

EcoCash has finally delivered because you can finally redeem your own EcoCash Rewards points.

Cassava responds as to why Steward Bank customers can’t send money to EcoCash directly (& vice versa)

Cassava has responded to our inquiry concerning Steward Bank Customers being unable to send money directly to EcoCash and vice versa.