News

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.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Econet, mobile, money, loan, cellphones, phones, Zimbabwe, EcoCash
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce