Breaking News

Stanbic Bank sign up to EcoCash

by Business reporter
20 February 2013 | 4618 Views
Econet Wireless has announced that Stanbic Bank is now offering its customers full access to EcoCash.

Stanbic Bank becomes the first international bank in the country to get connected to EcoCash. The Bank is a member of the Standard Bank Group, which is Africa's largest banking group. This partnership creates greater possibilities for EcoCash.

This means that anyone with a Stanbic Bank account that is registered on EcoCash can now use their cellphone from anywhere in the world at any time of day to do local banking operations.

Customers will be able to check their account balances, move money from their bank account to their EcoCash wallet and also make deposits into their bank account from their EcoCash wallet. Visiting banking halls and waiting in queues at banks is now a thing of the past as a result of this partnership

Econet said that they are extremely happy with the Stanbic Bank partnership, and the professionalism displayed throughout the process of connecting the two systems.

"It is not just a simple matter of flicking a switch, as there is a whole procedure which includes physically connecting IT systems on both sides, followed by rigorous testing to ensure security and privacy of customers is always protected," says Darlington Mandivenga, CEO of Econet Services.

Econet Wireless CEO, Douglas Mboweni, added: "EcoCash has fundamentally changed the way people do business in the country. Paying for goods and services, and even transportation, has become much simpler using one's cell phone, without the need for cash."




He said businesses that accept EcoCash for payment can now transfer the money they receive direct into their accounts at a bank at any time of the day. They can also make cash withdrawals and make payment at any time.

Joshua Tapambgwa, Stanbic Bank Chief Executive, said he was pleased with this partnership, which provides the mobile banking services that customers have been waiting for. "Our account holders are now able to perform several banking transactions from their mobile phones, a convenience that the bank is delivering amongst its many other products," he said.

Stanbic Bank Econet EcoCash

Source: econet

Is Itai Dzamara eyeing the US Green Card?

Yes
20.48%
No
73.74%
Not sure
5.77%
537

Comments

News Updates

Email:

Latest News

Zimbabwe adds to the ranks of super-rich - FOR a country that has been...

by Darlington Musarurwa | 24 May 2015 | 850 Views

Lifestyle audits for Zimbabwe's bigwigs - Board members and senior man...

by Staff reporter | 24 May 2015 | 579 Views

Tow truck scam uncovered in South Africa - Johannesburg - Unscrupulous...

by Staff reporter | 24 May 2015 | 755 Views

14 Zim doctoral students graduate from the University of Fort Hare - A...

by Tinomuda Chakanyuka | 24 May 2015 | 379 Views

Soldier fined for publicly insulted cops by mentioning their mothers' ...

by Sukulwenkosi Dube | 24 May 2015 | 390 Views

Man caught pants down with a fellow villager's wife - THE biblical say...

by Fairness Moyana | 24 May 2015 | 780 Views

Sex worker, boyfriend rob client - A 22-YEAR-OLD sex worker from Plum...

by Sukulwenkosi Dube | 24 May 2015 | 451 Views

Woman scalds hubby's privates in domestic dispute - A BINGA woman heav...

by Fairness Moyana | 24 May 2015 | 394 Views

Mugabe gives hint of Zanu-PF troubles - President Robert Mugabe yester...

by Staff reporter | 24 May 2015 | 597 Views

Mugabe obsessed with power, says Tsvangirai - Movement for Democratic ...

by Staff reporter | 24 May 2015 | 346 Views

Mugabe must find Dzamara, says EU Parly - The European Parliament has ...

by Staff reporter | 24 May 2015 | 392 Views

Zanu-PF expulsions boost Mujuru's People First - Zanu-PF bigwigs who w...

by Staff reporter | 24 May 2015 | 491 Views

MDC-T chairperson, Dorcas Sibanda, heckled at MDC-T rally - MDC-T's Bu...

by Tinomuda Chakanyuka | 24 May 2015 | 427 Views

Insanity saves murder suspects - BULAWAYO High Court Judge Justice Mar...

by Munyaradzi Musiiwa | 24 May 2015 | 224 Views

'None is bigger than Zanu-PF,' says Mnangagwa - Zanu-PF will not hesit...

by Staff reporter | 24 May 2015 | 259 Views

ZTV battling to acquire new TV content - THE Zimbabwe Broadcasting Cor...

by Staff reporter | 24 May 2015 | 207 Views

2 more Zimbabwean buses attacked by armed robbers in South Africs - TW...

by Mbongeni Msimanga | 24 May 2015 | 578 Views

Manheru admits Zanu PF purge is generating 'lots of rubble - it will n...

by Patrick Guramatunhu | 24 May 2015 | 1121 Views

Mphoko donates 2 sewing machines to revamp Byo

by Thobekile Zhou | 24 May 2015 | 1279 Views

Mnangagwa opens beer outlet in Bulawayo

by Staff Reporter | 24 May 2015 | 2197 Views

Man attacks mum (71) with axe over stolen melon

by Staff Reporter | 24 May 2015 | 803 Views

Load shedding to end in 2018 - ZESA

by Staff Reporter | 24 May 2015 | 1039 Views

Harare water heavily polluted

by Staff Reporter | 24 May 2015 | 619 Views

Entertainment

Winky D face 10 year UK ban for fraud

by Staff Reporter | 24 May 2015 | 1879 Views

Ngibhace ezizweni - Unkown Artist - ...

by Staff Reporter | 23 May 2015 | 2418 Views

Zimbabwe linked Tinashe nominated for a BET award - TINASHE Jorgenson ...

by Staff reporter | 23 May 2015 | 1544 Views

Don Moen to perform at Prophet Magaya's crusade - American gospel mu...

by Staff reporter | 23 May 2015 | 1436 Views

South African soapie stars expected in Bulawayo - SOUTH Africa's soap...

by Bongani Ndlovu | 23 May 2015 | 2010 Views

Energy Mutodi faces fresh theft charges - Flamboyant businessman and ...

by Staff reporter | 23 May 2015 | 1523 Views

All set for Jah Prayzah album launch

by Brendon Nyoni | 22 May 2015 | 2164 Views
iBlog

Rules Or Relationship

The dog does not need a lead to go for a walk. its owner can just speak a word and the dog responds. now, we are not comparing ourselves to dogs, we are comparing performance-based christian living to relationship-based christian living. big, big ... Read More
LindaDiokpa 30 December 2014 ago

Those Behind Tb Joshua Watch Photo Proof!

when this couple (dave and angie) were indicted of being the masterminds behind tb joshua watch, the blog admins refuted it and denied any sort of connections with the couple, but that’s not what the facts portray as precisely every single one ... Read More
pointblank 13 July 2014 ago