Friday, July 10, 2020
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EcoCash to become just a wallet, RBZ says everyone must connect...

So this happened: PRESS STATEMENT DESIGNATION OF ZIMSWITCH TECHNOLOGIES (PRIVATE) LIMITED (ZIMSWITCH) AS A NATIONAL PAYMENT SWITCH In accordance with the provisions of the National Payment Systems...

Econet say Ecocash airtime and bundles recharge still being worked on

Yesterday Econet Wireless went dark nationwide. They seem to have restored services for calls and data. However, they are still working through issues with Ecocash...

“Army ordered Govt to close stock exchange, mobile money transactions”

The June 26 order came after pressure from the Joint Operations Command and was made without notifying the central bank, which regulates the mobile-money...

Eco-cash gives in to govt pressure, Cash-in, cash-out services suspended

Leading mobile financial services provider EcoCash has advised that all cash-in cash-out services on its platform have been suspended with immediate effect. In a statement...

Telecash follows EcoCash, NetOne in ignoring govt mobile money ban

On Friday night the Information Ministry permanent secretary Nick Mangwana announced that mobile money companies should suspend their operations with immediate effect. Mobile money platform...

EcoCash Launches Promotion To Promote Wallet To Bank Transactions

Most news around EcoCash has lately been about the continuous restrictions being placed on their platform by regulators. Such restrictions have implications on the...

Ecocash loses court case against RBZ

High Court of Zimbabwe has thrown out an application by EcoCash for the restoration of thousands of agent lines terminated by the Reserve Bank...

Ecocash Pyramid Scheme Backfires After Collapse

Ecocash Pyramid Scheme Backfires After Collapse The quest for quick buck backfired for some people in Harare who lost large sums of money after being...

EcoCash Accuses RBZ Of Moving Too Slowly In Dealing With Suspicious...

EcoCash Accuses RBZ Of Moving Too Slowly In Dealing With Suspicious Agents Ecocash, a subsidiary of ZSE-listed Cassava Smartech, said the Reserve Bank of Zimbabwe...

RBZ Closure Of Ecocash Accounts With Monthly Transactions Of Above ZWL$100k

The RBZ order instructs Ecocash to freeze the agent lines of all traders whose transactions exceed $100 000 ZWL per month until certain KYC...

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