Zimbabwe: Internet, mPayments Exceed Card Payments

By  |  July 19, 2013
 | 

According to an article in All Africa, online and mobile payments have exceeded the number of card transactions in Zimbabwe for the first time. Reporting data activity collected from the month of May, there has been a 28.3 percent growth in mobile banking since the last year. Many banks have been initiating the movement towards Internet and mobile banking.

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    “With the exception of checks, most payment streams registered increases during the month of May 2013, in both volume and value terms,” a member of the Central Bank said to All Africa.

    Read the full story here.


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