News about the NFC market in Zimbabwe — trials, pilots, tests and live services.
February 28th, 2017
PARTNER NEWS: Zimbabwean mobile payments service EcoCash, powered by Mahindra Comviva’s Mobiquity Money platform, has been named Best Mobile Payment Solution at the Mobile World Congress Glomo Awards. The service is deployed by Zimbabwe-based mobile network operator Econet Wireless and includes support for NFC mobile payments. A video produced by Mahindra shows how the service works.
October 21st, 2016
Pan-African banking group Ecobank has signed a memorandum of understanding (MoU) with Mastercard to roll out Masterpass QR mobile payments across 33 African countries. In what the payment company says is the largest Masterpass deal…
October 7th, 2016
More than 2,000 merchants have now signed up to EcoCash Ta!, the NFC sticker-based mobile payment service launched by mobile network operator Econet Wireless’ EcoCash mobile money subsidiary in Zimbabwe in December 2015. “Some of these merchants include Zimpapers, Dairibord, Total, Colcom, Ster-Kinekor, Ligi and Engen,” reports TechZim. “EcoCash is also pursuing plans to integrate the tap-to-pay system with the country’s tollgates before the end of 2016.”
February 10th, 2016
PARTNER NEWS: Mahindra Comviva and mobile money and payments provider EcoCash have won the Best Mobile Innovation prize at the sixth Kalahari Awards for the EcoCash Savings Club. “EcoCash Savings Club, powered by Mahindra Comviva’s Mobiquity Money platform, is a group saving service which digitizes traditional savings clubs in Zimbabwe,” Mahindra Comviva says. “It is aimed at the self-employed, informal sector entrepreneurs, street vendors, and women’s groups who were limited to informal group savings previously as they were considered financially ineligible by mainstream banks.”
January 8th, 2016
PARTNER NEWS: Mobile money specialist Mahindra Comviva has produced a video that shows how NFC payments are being deployed in Africa by Zimbabwe-based carrier Econet Wireless. The film provides an overview of the mobile network operator’s EcoCash service…
December 16th, 2015
Customers of mobile network operator Econet Wireless in Zimbabwe can now make in-store purchases by tapping NFC stickers affixed to their mobile devices at the point of sale, with funds automatically deducted from their EcoCash mobile money account. “More than 500 vendors, merchant and agencies have already signed for EcoCash Ta! in Harare alone and Econet plans to launch it in other parts of the country over the next few weeks,” the carrier says.
November 17th, 2014
EcoCash, Africa’s second largest mobile money provider with 3.7m users, is to offer customers in Zimbawe a MasterCard debit card linked to their EcoCash wallet. This will enable them to use the funds in their…
October 27th, 2014
Mobile network Econet’s payment service Ecocash is piloting NFC payments in Zimbabwe with cards that let users pay by tapping against a custom merchant device, TechZim reports. “The card was being distributed to any willing signup at selected tertiary institutions which include University of Zimbabwe, Seke Teachers’ College and Belvedere Teachers’ College,” the publication says. “Some providers/merchants that have been opted into this pilot include public transport operators and a few other retail outlets which are likely going to be located at these tertiary institutions.”
June 5th, 2014
Zimbabwe-based banking solutions provider Edgetech Solutions is preparing to launch a new mobile payment service that uses sound-based communication technology from NearBytes to let people make payments in stores with their phones. When launched, the Edgepay solution…