Register now for better personalized quote!
The Reserve Bank of Zimbabwe (RBZ) has lifted a banon mobile money to cash transactions following public outcry. The RBZ had on 30 September issued a directive to mobile payment system providers and merchants that effectively froze cash in and cash out transactions, citing high charges on the services.
Zimbabwe has had a currency crisis since early 2000s due to trade sanctions by the USA and other international partners. Inflation had risen to 300% as of August 2019. With the cash shortages, mobile money use has peaked in the country with local mobile network operator Econet commanding 95% of the market.
Hot Tags :
Inclusive finance
Register Email now for Weekly Promotion Stock
100% free, Unsubscribe any time!
Add 1: Room 605 6/F FA YUEN Commercial Building, 75-77 FA YUEN Street, Mongkok KL, HongKong Add 2: Room 405, Building E, MeiDu Building, Gong Shu District, Hangzhou City, Zhejiang Province, China
Whatsapp/Tel: +8618057156223 Tel: 0086 571 86729517 Tel in HK: 00852 66181601
Email: [email protected]
English
Pусский
Français
Español
Português
