EcoCash, in collaboration with Mastercard, has launched a new scan & pay solution to drive adoption of smart, digital payments in Zimbabwe.
The EcoCash Scan & Pay service is powered by Mastercard’s digital wallet Masterpass QR.
This instant mobile payment solution can be accessed by EcoCash’s five million active subscribers. It is already being accepted at 3,800 retail locations and businesses.
The newly launched service enables users to make payments directly from their mobile wallets via QR code scanning.
The payments can also be carried out using the QR code-related merchant identifier, which can be entered on the customer’s smartphone.
The solution is said to avoid costs, security risks and inconveniences that commonly come with cash use.
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By GlobalDataEcoCash CEO Natalie Jabangwe said: “We are excited to be the first and only mobile financial services provider in Zimbabwe to offer this innovative service to our customers, empowering them with a fast, simple and instant payment option that is already accepted at a wide range of retail outlets and businesses that accept Masterpass QR.”
Mastercard Southern Africa vice-president of business integration Gabriel Swanepoel said: “We are pleased to partner with EcoCash to shape a new digital age of commerce in Zimbabwe – all using the market’s existing mobile payments infrastructure.”