Zimbabwe: customers are more into online payments as cash shortages prolong

Although the total value of transactions processed through the National Payment System (NPS) declined by 7.15%, to reach on 9 January 2015, at USD 1 billion, transactions processed through the Real Time Gross Settlement (RTGS) system amounted to USD 825 million.

As such, RTGS payments overtake the NPS, eith 81.9% of the total value of transactions processed through the system. Automated Teller Machines (ATMs), Point of Sale (POS) and cheque transactions, accounted for 8.5%, 6.6% and 2.8%, respectively.
 

the paypers logo

The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.

 

The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.

 



No part of this site can be reproduced without explicit permission of The Paypers (v2.7).

Privacy Policy / Cookie Statement

Copyright