EcoCash extends services

MOBILE

-
Image: By EcoCash
EcoCash extends services

Zimbabwe’s EcoCash has been given new features to extend its usability.

EcoNet reports that its EcoCash service is already enjoying rapid uptake, driven by its convenience and a short supply of bank notes in the country.

The company has now activated a feature which enables it to create a seamless link into all the banks, allowing customers  with bank accounts to move money into an electronic wallet, from anywhere in the country.

The new service also allows businesses to accept payment in EcoCash instead of cash. Once they receive such payment, it is automatically credited to a bank account as real cash.

Econet also owns a company called TPS, which operates most of the country's credit card terminals that already accept Visa, iMasterCard and American Express cards.

The company is now installing software which allows retailers to accept EcoCash through these same terminals.

Douglas Mboweni, Econet Wireless Zimbabwe CEO, says EcoCash has completely changed the way Zimbabwe does business. He predicts it will have a greater impact than even M-PESA has in Kenya.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE MOBILE NEWS

TNM donates K500,000 to paediatrics group

Mobile phone provider TNM has donated K500,000 to the Paediatric and Child Health Association (PACHA). Read More

YooMee Côte d’Ivoire launches TD-LTE

After becoming the market leader of broadband Internet in Cameroon, YooMee Africa continues its expansion by deploying its network in Côte d’Ivoire. Read More

tn mobile 3G now in Tsumeb

Telecom Namibia’s mobile business, tn mobile, has extended its 3G+ and 4G (LTE) based mobile network to Tsumeb in the Oshikoto region. Read More

Vodafone Healthfest train stops at James Town

Vodafone Ghana, as part of its Corporate Social Responsibility through the Vodafone Foundation, has held another ground breaking health initiative dubbed the HealthFest.  Read More

Orange to power Nakuru free Wi-Fi

Nakuru is to become the first town in Kenya to have free Wi-Fi access. Read More

Nokia unveils 6 inch smartphones in Ghana

Nokia Lumia launch in Accra, Ghana Nokia has announced the introduction of its first 6 inch Lumia smart phones into the Ghanaian phone market, the Lumia 1520, Nokia’s top of the range Windows Phone and affordable Lumia 1320. Read More

tn mobile 3G now in Oshikoto

Telecom Namibia’s mobile business, tn mobile, has launched its 3G service at Omuthiya, the regional capital of Oshikoto region. Read More

Orange launches low cost WiFi at KU

Orange has launched a low cost wireless Internet solution at the Kenyatta University’s main campus that will provide the varsity’s students with reliable and affordable Internet access.  Read More

Telecom Namibia launches Speedlink Lite

Telecom Namibia has announced the launch of its first ever Speedlink broadband packages for residential, small office/home (SOHO) customers. Read More

Airtel unveils affordable Nokia X in Africa

Bharti Airtel and Nokia have announced that the new Nokia X smartphone will be available to purchase across 17 countries in Africa. Read More

PRESS OFFICES

Sage ERP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN Business

FEATURED STORY

Kenyan shift to Green Economy would generate USD 45bn by 2030 Kenyan shift to Green Economy would generate USD 45bn by 2030

Kenya’s transition to a green economy could produce major economic benefits  equivalent to an estimated USD 45 billion by 2030, a new  study shows.

IN DEPTH

E-waste threatens Ghana’s beachesE-waste threatens Ghana’s beaches

Many beaches in Ghana, already stressed by pollution and poor maintenance, are now facing a new threat: e-waste.

COMPANY NEWS

Further African expansion for Phoenix

Phoenix Distribution, a leading broad-based distributor on the African continent, has expanded its office in Nairobi, Kenya, in a move to better serve its partners in East ...