POSB set to launch mobile banking
ZIMBABWE| Aug. 10, 2012, 6:12 p.m.
By Alfonce Mbizwo, Harare, Zimbabwe
Zimbabwe’s Post Office Savings Bank (POSB) says it will launch a mobile banking platform next month as it seeks to increase its product range.
Chief executive Admore Kandlela said that the bank’s platform will operate on all three networks, Econet, NetOne and Telecel and would offer much cheaper rates than the market.
The bank is a leading agent of Econet Wireless’s popular Ecocash, a mobile money transfer service, and Kandlela said that the bank would continue to offer the service despite being direct competitors.
Another mobile service provider, Telecel also runs its own mobile banking platform under the Textacash banner.
MORE ZIMBABWE NEWS
Local languages now on EcoCashEconet Wireless has announced a new enhancement to the EcoCash mobile money wallet by unveiling multiple local languages to the EcoCash platform. Read More
Huawei seeks to help build better connected AfricaHuawei is seeking closer cooperation with the governments of Zimbabwe and other southern African countries in accelerating connectivity, the company’s VP for Eastern and Southern Africa, has told the Innovation Africa Digital (IAD) Summit 2015 in Vitoria Falls. Read More
Liquid Telecom brings 100MBPS broadband to Victoria FallsLiquid Telecom today announced the latest expansion of its Fibre To The Home (FTTH) network in Zimbabwe. Read More
iWayAfrica Zimbabwe achieves Cisco Certified Partner StatusiWayAfrica Zimbabwe, a Gondwana International Network (GIN) company has been awarded its Cisco Select Certified Partner status. Read More
EcoSure hits 1 million usersIn just two months, Econet’s insurance service, EcoSure, has registered over one million new customers. Read More
Econet launches Dial a DocEconet Wireless has launched a new service that will allow subscribers to access health advice 24/7 via a mobile phone. Read More
Using DiViNetworks, iWayAfrica offers Global Bandwidth as a Service to corporate customers in ZimbabiWayAfrica, a leading ISP in Zimbabwe, and part of the Gondwana Group of ISPs, is first to offer managed, global bandwidth as a service to corporate customers. Read More
Econet-Ericsson in new network dealEricsson has announced that it has been selected as the sole supplier by Zimbabwe's largest provider of telecommunications services, Econet Wireless Zimbabwe, for the company’s Core network upgrade programme. Read More
EcoCash-Western Union link upThe Western Union Company, a leader in global payment services, and Zimbabwe’s leading mobile money service provider, Econet Wireless, have teamed up to offer consumers fast and reliable international money transfers. Read More
FEATURED STORY2015 African Blogger Award winners announced
The winners of the second annual African Blogger Awards have been announced, with the competition receiving over 1,000 entries from across the continent.
BEST READ NEWS
IN DEPTHNIMC infrastructure must be managed by credible people: NIMC chief
NIMC’s chief speaks to Kokumo Goodie about the role of the NIMC and his own legacy.
COMPANY NEWSMicrosoft, IICD launch employability hub in Ghana
Microsoft Ghana, in partnership with the International Institute for Communication and Development, has launched the TizaaWorks online platform, a one-stop online hub for employability and entrepreneurship.