Zimbabwes Econet launches mobile money loan service

Friday 4 April 2014 10:15 CET | News

Zimbabwean users of the mobile money platform, EcoCash, are able to access urgent loans of up to USD 500 using their cellphones.

With approximately 3 million users, EcoCash is run by Zimbabwe-based mobile network operator Econet Wireless.

In September 2013, start-up payments provider Pay4App rolled out an API to allow other Zimbabwe-based start-ups to accept online payments using EcoCash mobile money transfer platform.

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Keywords: Econet, mobile, money, loan, cellphones, phones, Zimbabwe, EcoCash
Categories: Payments & Commerce
Countries: World
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