Zimbabwean mobile operator, Econet Wireless has launched its mobile money transfer service, Eco-Cash.
Strive Masiyiwa, Econet Wireless Founder
Eco-Cash officially was launched on 30 September 2011.
According to SWRadioAfrica, Econet, which has a subscriber base of more than 5 million customers, launched this service last week. Information on its website says the mobile cash transfer facility does not mean a subscriber has to open a bank account.
The new service will allow users to send and receive money, buy airtime, and make other payments using their mobile phones. Customers using EcoCash can also move money across different Zimbabwean mobile networks.
