Breaking News

Stanbic Bank sign up to EcoCash

by Business reporter
20 February 2013 | 4075 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

Should airtime and street vendors pay the $1 a day State levy?

Yes
10.88%
No
82.99%
Desperation
6.12%
735

Comments

News Updates

Email:

Latest News

Castle Lager PSL results - Harare City 3 - 0 How MineZPC Kariba 2 - 0 ...

by Sports reporter | 23 August 2014 | 796 Views

Mugabe off to China - President Robert Mugabe has left Harare for Chi...

by Staff reporter | 23 August 2014 | 1054 Views

Bosso, Dembare feud: Tribalism or fanaticism merely symptoms - FOLLOW...

by Sikhumbuzo Moyo | 23 August 2014 | 901 Views

Bus driver jailed for using dead brother's licence - A DRIVER employed...

by Staff reporter | 23 August 2014 | 1255 Views

Man impregnates daughter to get rich - A father from Gokwe, Zimbabwe, ...

by Staff reporter | 23 August 2014 | 1024 Views

The Hedge Fund and Robert Mugabe - This article was taken from busines...

by Cam Simpson and Jesse Westbrook | 23 August 2014 | 746 Views

Zanu-PF chair derides idea of Bulawayo being granted special economic ...

by Staff reporter | 23 August 2014 | 660 Views

'Mugabe its time to say goodbye' singer set for Harare Jazz Festival -...

by Staff reporter | 23 August 2014 | 900 Views

Bosso in tricky encounter - HIGHLANDERS dribbling master, Rahman Kutsa...

by Ricky Zililo | 23 August 2014 | 529 Views

King Mzilikazi commemoration preps on - Commemorations of the 146th An...

by Staff reporter | 23 August 2014 | 297 Views

French bag-snatchers languish in Zimbabwe prison - A HUSBAND-AND-WIFE ...

by Leonard Ncube | 23 August 2014 | 644 Views

'Mugabe denying millions of their rights' - Amnesty International (AI)...

by Staff reporter | 23 August 2014 | 406 Views

Lt Col Tshuma takes over command of Plumtree based Army Battalion - A ...

by Sifundiso Ndlovu | 23 August 2014 | 579 Views

'People voted Zanu-PF,' says Mafume - Tendai Biti's renewal team has u...

by Staff reporter | 23 August 2014 | 394 Views

Zimbabwe mulls domestic processing industry - Government should put an...

by Staff reporter | 23 August 2014 | 305 Views

Tsvangirai accuse Mugabe of recruiting Israeli officials - MDC-T leade...

by Staff reporter | 23 August 2014 | 656 Views

Teacher 'rapist' seeks acquittal - A BULAWAYO man charged over an alle...

by Thandeka Moyo | 23 August 2014 | 491 Views

Matonga linked to Prophet Magaya's adultery case? - Former Deputy Mini...

by Staff reporter | 23 August 2014 | 655 Views

Tsvangirai's supporters bay for the prosecutor's blood - MDC-T support...

by Court Reporter | 23 August 2014 | 343 Views

Police grab 'rapist' in church - A RAPIST lost his freedom after turni...

by Thandeka Moyo | 23 August 2014 | 565 Views

School boys drive sex industry, say prostitute - PLUMTREE sex workers ...

by Sukulwenkosi Dube | 23 August 2014 | 863 Views

Sir Wicknell Chivayo's solar tender cancelled - THE State Procurement ...

by Lloyd Gumbo | 23 August 2014 | 463 Views

New Ndiweni chief appointed

by Nduduzo Tshuma | 23 August 2014 | 641 Views

Mnangagwa signs death warrants - Following reports that Justice Minist...

by Staff Reporter | 23 August 2014 | 3574 Views

Liberia's Ebola-free region falls to virus - Monrovia - Every region o...

by Staff Reporter | 23 August 2014 | 1228 Views

Chissano urges African leaders such as Mugabe not to overstay in offic...

by Staff Reporter | 23 August 2014 | 3550 Views

' I'm looking for my father Elijah Charles Tatire Hondo Siziba' - What...

by SA Resident | 23 August 2014 | 838 Views

Help me find Geofrey Sibanda - WhatsApp update - Please note that Bula...

by SA Resident | 23 August 2014 | 675 Views

Entertainment

Bev eyes Zima Award - Beverly "Bev" Sibanda, the newly-appointed Msasa...

by Staff reporter | 23 August 2014 | 231 Views

New TV channels after digitilisation - BROADCASTING Authority of Zimba...

by Staff reporter | 23 August 2014 | 341 Views

Sacred Nguni genre unlocked; now sung in Shona

by Vusumuzi Ndlovu | 22 August 2014 | 3044 Views

SA's upcoming gospel musician tours England - ONE of South Africa's up...

by Staff Reporter | 22 August 2014 | 749 Views

Zimbabwean model to host Big Brother launch - Model, presenter and ac...

by Staff reporter | 21 August 2014 | 2270 Views

Star FM's, Admire Taderera sent on forced leave - Star FM boss Admire ...

by Staff reporter | 21 August 2014 | 4417 Views

Zimbabwean businessman, Tapfuma Nzara, creating a valuable lifestyle brand in SA

by Janine Dube, www.onevybe.com | 21 August 2014 | 5121 Views

Ex-Q dumps wife and 2 kids, elopes with Sugar Mummy - Flamboyant rappe...

by Staff reporter | 20 August 2014 | 4870 Views