Mobile money accelerates financial inclusion in Zimbabwe

Considering the country’s liquidity crunch, mobile money has ushered in a new convenient way of doing business. With current mobile money services you can now send and receive money, pay for groceries in retail outlets, pay for public transport, make newspaper subscriptions, buy airtime, pay utility bills like water bills, rent, satellite TV in the absence of  hard cash. Most recently EcoCash introduced EcoCash Save which allows you to save any amount of money and get zero percent interest loans after 3 months. EcoCash has also gone the extra mile by allowing companies to pay salaries through mobiles.

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