EcoCash launches dedicated wallet for business payments

22 June 2018

Money Transfer

HARARE – Zimbabwe’s leading mobile money service EcoCash on Wednesday unveiled a dedicated wallet for business payments.

The business wallet, which represents the first time in Africa that an enterprise transactions service has been integrated onto a mobile money platform, will offer EcoCash merchants, agents, payroll wallet holders and billers full control of their funds by affording them the ability to make and receive payments directly on their business wallet.

“With the EcoCash Business wallet, EcoCash channel partners can now pay any of their suppliers for any goods and services rendered directly into the supplier’s business wallet – or vice-versa – and they can now settle their council bills, purchase Zesa tokens or buy discounted airtime directly out of their business wallet,”said Econet Wireless Zimbabwe CEO Douglas Mboweni, whose company operates the Cassava Fintech Zimbabwe EcoCash business. Read the full article on The Standard here.