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*Mobile Money Volumes Dominate National Payment Systems - RBZ* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ze The Reserve Bank of Zimbabwe (RBZ) has released statistics which show that mobile money volumes dominated the country’s National Payment Systems since 27 March. The trend is expected to continue as the national lockdown is preventing the use of other methods of payment including the use of cash. ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- Below is a presentation depicting how various payment systems faired during the period under review. Mobile money transactions accounted for 83,42 percent Point of Sale (POS ) accounted for 15,62 percent Automated Teller Machine (ATM) accounted for 0,26 percent RTGS dollars (cash) accounted for 0,69 percent Cheques accounted for 0,01 percent. Although Zimbabwe’s mobile money platform is dominated by three players, Econet, NetOne and Telecel, Econet’s EcoCash platform currently dominates that market. The rise in the use of mobile money for transactions may be a boost to the country’s financial inclusion drive since it allows even people from the remotest parts of the country to transact. More: The Herald itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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