POSTAL and Telecommunications Regulatory Authority of Zimbabwe (Potraz) says mobile operators experienced an increase in volume and value of mobile money transactions with cash-in transactions surging...
Government has reinforced legislation which formalised the use of local currency by empowering the Reserve Bank of Zimbabwe (RBZ) to issue civil penalties for contravention and also applying criminal ...
THE value of transaction processed through the National Payment System (NPS) have declined by 11,3 percent to $4,6 billion during the week ending May 24 from $5,1 billion recorded the previous week.In...
THE use of mobile and Internet-based transactions in remote areas has been on an upward trajectory with the generality of the country's populace embracing modern modes of payment.A snap survey in most...
Escrow Group will tomorrow officially launch a mobile and online trading platform which allows investors to directly trade on the Zimbabwe Stock Exchange (ZSE), a move that is set to deepen the capita...
THE total value of transactions processed through the National Payment Systems (NPS) amounted to $2,45 billion during the week ending May 24 down from $2,70 billion recorded the previous week.Ac...
Transactions processed through the RTGS system increased by 25.8 percent to close the week ending April 27 at $1.6 million from 1.3 million the previous week, according to the RBZ latest Weekly Econom...
ZIMBABWE recorded a 372 percent growth in electronic money transactions in 2017 to 165 million compared to 34 million transactions in the previous year, statistics from Zimswitch Technologies show.Zim...
Zimbabweans lived it up during the month of December last year in spite of the country's liquidity challenges, latest data from the Reserve Bank of Zimbabwe indicates. In the December 2017 monthly rep...
The value of transactions processed through the National Payment System (NPS) for the week ending March 9 declined to $1,83 billion from $1,93 billion the previous week due to a decline in electronic ...
Mobile telecommunications giant NetOne has introduced a promotion for its One Money customers, that will see them enjoying discounts for purchases made through the platform.Dubbed 8Time Promotion, it ...
Monetary transactions in the Zimbabwean economy are now dominated by electronic payment systems with more than 96 percent of local transactions now being conducted through plastic, internet and mobil...
THE Confederation of Zimbabwe Retailers Association (CZRA) has noted with concern frequent delays by banks to address failed electronic transactions which is prejudicing both retailers and customers r...
GOVERNMENT has, with immediate effect, directed banks not to levy 5 percent tax on all transactions below $10 as a way of promoting financial inclusion. This comes as Government moves to provide safet...
The total value of cash-based transactions increased by 26,3 percent to $259,27 million in September 2017, up from $205,33 million the previous month despite a biting foreign currency shortage that ha...
NATIONAL electronic funds switch, ZimSwitch, recorded a 1 600 percent surge in digital transaction volumes during the first half of the year, from an average of 900 000 per month to over 16 million t...
RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says transactions worth $27.4 billion were made through the Real Time Gross Settlement (RTGS) system in the first six months of this year.In th...
The value of RTGS transactions through the NPS increased by three percent from $1.10 billion to $1.13 billion in the week ending July 14, 207, central bank data shows. In its weekly report for the per...
Mobile transactions now constitute 12.5 percent of the national values and around 70.6 percent of volumes for the month ending June 2017. This comes at a time when the cash shortages currently being e...
The Confederation of Zimbabwe Retailers (CZR) says the use of mobile and plastic money has risen to account for 80 percent of transactions in the retail sector.Addressing delegates at the 'Cash challe...
The value of Real Time Gross Settlement transactions through the NPS declined 21 percent from $1.3 billion in the week ending June 7 2017, data from the central bank shows. In its weekly report for th...
Telecel Zimbabwe's mobile money transfer system, Telecash, has handled $15 million since its inception early this year as the company seeks to increase its visibility in the mobile money space.The loc...
Zimbabwe's mobile financial transactions grew by more than 55 percent in May reflecting confidence by the banking public in using the plastic money system.According to the Reserve Bank of Zimbabwe wee...
Zimpost has processed transactions worth over $30 million under its Zipcash money transfer facility since it launched the service in October last yearZimpost has processed transactions worth over $30 ...
The total value of card based transactions increased by 1.11% to $331.71 million in the month of November, from $ 328.06 million in October 2013.This is based on figures released by the Reserve Bank o...