BY ZBC Reporter
National payments platform ZimSwitch has introduced a payment solution, ZIPIT Smart that is set to change the local transacting landscape.
Zimswitch, the National payments switch of Zimbabwe, this Tuesday virtually launched a new game-changing payments solution, ZIPIT Smart, a mobile-based merchant and bill payments solution.
It is a new function on the ZIPIT platform that enables the initiation and transfer of merchant payments to a unique Zipit Smart merchant code via a USSD, Mobile Banking Platform or WhatsApp Banking.
Zimswitch CEO, Mr Cyril Nyatsanza said ZIPIT Smart is set to make the consumers’ daily payments transactions simple, smart and accessible.
Guest of honour at the launch Head Research and Policy from the Reserve Bank of Zimbabwe, Mr Amon Chitsva said the solution is set to complement government efforts in building a financially inclusive society.
The solution can be used to pay for groceries, bills and utilities, school fees, tithes and offerings and other goods and services in the informal market.
This innovation is set to complement efforts of financial institutions towards digitalisation.