Latest News Editor's Choice


News / National

OneMoney launches in Bulawayo

by Staff reporter
12 Nov 2017 at 07:36hrs | Views
Government says Zimbabweans should embrace mobile money as part of the global trend towards cashless transacting.

ICT, Postal and Courier Services Minister Supa Mandiwanzira said this yesterday in a speech read on his behalf by the Permanent Secretary in his ministry, Engineer Sam Kundishora, at the Bulawayo launch of the NetOne OneMoney platform.

"This is a new baby from NetOne and like all new babies it is loaded with potential and it is incumbent upon the NetOne team to nurture it so that it grows to its full potential. This service should change the face of mobile money service in the country.

"Kenya took a giant leap when they developed M-Pesa and we have heard of the successes of M-Pesa and how it has grown to be biggest mobile money platform not only in the developing world but worldwide.

"The world over the demand for cash transactions is going down and there are growing calls for cash light communities thus the room for mobile money. As Government, we urge Zimbabweans to embrace mobile money as it has become the trend globally.

"OneMoney will not only deliver the much-needed competition in mobile money space but must also aid in the socio – economic development of the communities," he said.

NetOne acting CEO Mr Darlington Gutu added: "As the nation becomes more and more cashless, it is real value for money. We have been getting feedback that has allowed us to come up with this improved product.

"The City of Kings is one of our key regions as we have a significant number of our subscribers in this zone. OneMoney will be accessible in all corners of the country and it is our promise to our subscribers as we push for financial inclusion.

"We will continue with this aggressive drive to ensure that we provide more customer centric products like our OneFusion for the convenience of our subscribers".

OneMoney offers a debit card linked to most banks in Zimbabwe that are on the ZIPIT platform. Customers can move money from their banks to OneMoney and vice-versa.

OneMoney was first unveiled in Murewa two months ago at a syndicated mobile money platform rollout to farmers.

Source - sundaynews