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EcoCash tariffs going up in a few weeks, up to 56% 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...
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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...
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EcoCash deals land 8 firms in court: Zim still treating symptoms, not cause
Eight companies appeared in court yesterday, the 27th, for illegally dealing in foreign currency. The companies allegedly bought foreign currency on the streets using EcoCash agents, illegally. The...
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No Dr Mthuli, we can’t keep blaming EcoCash and mobile money for depreciating...
A scapegoat is a goat upon whose head the sins of the people are placed. The goat itself is sinless and yet it has to bear the sins of the people. The Zimbabwean government is looking for a goat to...
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Telecel’s 15% data bundle discount promotion: the stats say this won’t work
Zimbabwe’s smallest mobile network operator (MNO) Telecel has announced that customers will now be getting a 15% discount if they buy bundles through its mobile money arm Telecash. Enjoy a 15%...
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Let us discuss the impact of the airtime recharge card phase out
In Liam Neeson’s voice, “whoever you are, wherever you are, if you’re participating in the foreign currency parallel market, we will find out how you are doing it and we will kill it, the loophole...
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Telecash & OneMoney are still issuing high-risk magstripe cards
As far as I know, I have never owned a Telecel line and seeing as y’all were upset that I was “bashing” the country’s smallest mobile network operator for its 15% Teleceash bundle discount, I’ve...
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Ecocash Holdings Zimbabwe & Comviva win Silver in 2 categories at Emerging...
Cassava Smartech Zimbabwe, trading as EcoCash Holdings Zimbabwe Limited, together with its long-term technology partner Comviva, has won two silver awards at this year’s Emerging Payments Awards....
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OneMoney launches domestic remittance service: everyone wants a piece of this...
The domestic remittance game in Zimbabwe has become a little crowded of late. Just a couple of weeks ago, Trolleycom launched a city to city money transfer service called MojoMula which followed...
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EcoCash services have been up and down all morning
Zimbabwe’s largest mobile money operator EcoCash has been experiencing some difficulties with its services this morning. From what we have seen on social media, EcoCash customers have been facing...
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2022 MPS wrap: Mobile money limits, crypto, remittances & more
The Reserve Bank of Zimbabwe yesterday released the 2022 Monetary Policy Statement (MPS). The central bank laid out a number of new measures and here are the highlights from the document. New Mobile...
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POSB launches loans available only to OneMoney customers
POSB Zimbabwe has announced a new micro-loan facility for OneMoney account holders called Mobiloans. The loans are akin to what Steward Bank and EcoCash have been doing with their Kashagi loans which...
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Zimbabwe trending in opposite direction to the rest of the world in fintech
Zimbabwe has a fascinating financial history. As a nation we have always been interested in the world of finance. In the early nineties, the Zimbabwean government liberalised the banking sector and in...
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EcoCash Foreign Currency Account wallet cash-in service still suspended....
EcoCash allows users to have both a Zimdollar and a foreign currency wallet using the same phone number. So, if you have an EcoCash account, you already have the foreign currency account (FCA). For...
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EcoCash enters USD money transfers with a domestic remittance service
It was just a matter of time, wasn’t it? With domestic remittance services launching left right and centre, EcoCash was the last marquee name that wasn’t in the mix. Which was, until last night, a...
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EcoCash FCA wallet cash-in RETURNS. Is the informal market going to jump on?
Last night EcoCash Zimbabwe launched its domestic remittance service and at the same event, the country’s largest mobile money operator also announced that Cash in services are back through its FCA...
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No, InnBucks is NOT phasing out USSD but service disruption came at worst time
Earlier this week through yesterday, the 13th of April, InnBucks’ USSD platform faced challenges. Users would get a message that the USSD service was not available. As a result users had to use the...
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Innbucks’ growth shows OneMoney could miss yet another opportunity
Why not write yet another article about Innbucks? The Simbisa Brands owned ‘wallet’ service which has been suspended by the central bank had achieved an incredible run. They came out of nowhere and...
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NetOne at ZITF2022: “driving the metaverse”, agritech, e-tolls, smart...
NetOne had one of the more fascinating stands at the Zimbabwe International Trade Fair (ZITF2022). The state-owned mobile network operator (MNO) is really pushing the metaverse angle as it is their...
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EcoCash is down
Zimbabwe’s biggest mobile money operator, EcoCash is experiencing some technical challenges this morning as Twitter is awash with customers saying they can’t perform transactions, all the way to being...
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