Tag: EcoCash
EcoCash turns 10, let us look back on its dramatic first decade
Yesterday, EcoCash celebrated its 10th anniversary. Only 10? It feels like we’ve had the mobile money solution for longer than that. That’s because of just how much impact the service has had in our lives. Granted, the last few years have been tough for the mobile money services provider. But there is no denying we […]
This Ecocash horror story shows how systems can fail you
Earlier this week I wrote about the need to make banks and Zimbabwe’s financial institutions accountable for some of the losses that people suffer through hacking and fraud incidents. There was a lot of debate on both sides, especially the more security conscious among our readers insisting that it’s the responsibility of account holders, not […]
Local startup Yanaya now offering discounts to CIMAS members
Yanaya is arguably one of the hottest Zimbabwean startups of the year. Imagine my surprise therefore when I was about to start this article and realised we had not yet covered them here at Techzim! I don’t know how such a thing happened but the aim of this article is to correct it. We are […]
The RBZ needs to scrap weekly and monthly limits for mobile money too
Yesterday there was a bit of a relief when Ecocash sent out an SMS announcing that transaction limits had been lifted from the paltry $5 000 ZWL per transaction up to a more acceptable $20 000. This was long overdue, the arbitrary limits were making life difficult for the bulk of transacting public out there […]
Zimbabwean government says it’s suspending its chaotic COVID-19 allowance facility after a good harvest
In April of last year, when COVID-19 hit the country and tough lockdowns were introduced, Finance Minister Mthuli Ncube announced that the government had a budgeted $600 million dollars that were meant for the vulnerable members of society as well as small informal business owners who had been exposed by the lockdown. There was a […]
EcoCash tariffs going up in a few weeks, up to 25% increase
EcoCash, the operators of Zimbabwe’s largest mobile payments service of the same name has announced that they are increasing their tariffs effective the 21st of September 2021. EcoCash effected higher changes to their pricing for higher transaction amounts. The biggest jump is the 25% increase in the fees for paying $1 000 to $1 499. […]
ICT Minister says NetOne should clear all outstanding debt in 3 months
Ministry of Information and Communications Technology, Jenfan Muswere said that state-owned Telecommunications company NetOne should take a commercial approach to doing business and clear its debt in 3 months. “Full commercialisation should be implemented, and we need to adopt the ‘no pay, no service’ modus operandi. All the outstanding debt should be cleared in three […]
EcoCash will be asking you to update your account details
EcoCash last week on Twitter put out a notice to its customers notifying them of a Know Your Customer (KYC) or account details update excercise. The message from EcoCash reads as follows: Customer Notice. pic.twitter.com/FFJQgvY5gy — EcoCash Zimbabwe (@EcoCashZW) July 23, 2021 CUSTOMER NOTICE EcoCash Customer Details Update Dear Valued Customer,Please be advised that we […]
Paynow now allows you to accept more than $5,000 ZWL using EcoCash & Onemoney
When it comes to accepting local payments automatically in your app or your eCommerce store, Paynow has been the go-to for most developers for years. They were a godsend to most people given how hard it is to access the official OneMoney, Telecash and Ecocash APIs back then. Shockingly, it is still very hard to […]
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 […]
Powertel launches payment service known as Dial-a-Payment
Powertel wants you to call someone so they can do what you can already do yourself.
Telkom SA adds a virtual card to their WhatsApp based payment service
Launched in the wrong country!
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 abruptly pulls promotion, not a good look for the mobile money operator
Cows came home quickly on this one…
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.
Flutterwave’s partnership with PayPal is a step in the right direction
For Africa, this is a big deal.
EcoCash & OneMoney grew in Q4 2020 while Telecash crashed
Telecash now commands only 0.1% of the mobile money market.
EcoCash clocks ZWL$93 billion in lifetime transactions according to Cassava 2020 report
Cassava Smartech’s latest report shows that EcoCash has clocked ZWL$93 Billion in transactions since it’s inception back in 2011.
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 & 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.
Uhuru WhatsApp Wallet offers remittance, cross-border payments & more
Uhuru Wallet is a WhatsApp-based remittance service that allows Zimbabweans living in SA to send money and pay for services for family back home.