Business / Companies
New cash remittance solution for Cash Strapped Zimbabwe
13 Nov 2016 at 04:06hrs | Views
Payoneer Zimbabwe has launched the Payoneer MasterCard in Zimbabwe which allows locals receiving money from anywhere in the world to retain their remittances in US Dollars, unlimited cash withdrawals in South Africa and online payments.
The Payoneer MasterCard also works for local payments and ATM withdrawals where cash is available.
Zimbabwean Visa/MasterCards have stopped working altogether in many countries due to troubles facing the financial system in Zimbabwe. The few cards that work abroad have a withdrawal limit set by the banks in Zimbabwe. Furthermore many online payments can no longer be made with Zimbabwean Visa/Mastercards including air tickets, travel accommodation, services such as Netflix and others.
The Payoneer Mastercard therefore provides a solution at the right time for many Zimbabweans who receive money from the diaspora.
The card is free and registration is done by sending ones email address via SMS or WhatsApp to a NetOne Number (+263) 0717 973 307
The Payoneer MasterCard is mailed within 2-3 weeks of registration and once activated cardholders can request payment from a person overseas by logging into their account.
The Payoneer MasterCard also works for local payments and ATM withdrawals where cash is available.
Zimbabwean Visa/MasterCards have stopped working altogether in many countries due to troubles facing the financial system in Zimbabwe. The few cards that work abroad have a withdrawal limit set by the banks in Zimbabwe. Furthermore many online payments can no longer be made with Zimbabwean Visa/Mastercards including air tickets, travel accommodation, services such as Netflix and others.
The Payoneer Mastercard therefore provides a solution at the right time for many Zimbabweans who receive money from the diaspora.
The card is free and registration is done by sending ones email address via SMS or WhatsApp to a NetOne Number (+263) 0717 973 307
The Payoneer MasterCard is mailed within 2-3 weeks of registration and once activated cardholders can request payment from a person overseas by logging into their account.
Source - Gilbert Mushure
