Telecommunications company Telecel Zimbabwe has launched a credit card for its mobile money system Telecash.
The Telecash card will be issued to consumers through CBZ.
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Telecel mobile money director Nkosinathi Ncube said the launch of Telecel’s gold credit card is expected to bring enhanced convenience for Telecash users.
"Mobile money has been struggling to make a mark in retail. We consulted widely with banks and retail operators and have come up with the Telecash gold card," Ncube added.
The Telecash gold card has also been linked to the Zimswitch system, which allows customers to withdraw money from ATMs across the country.
Furthermore, Telecel Zimbabwe is also intending to open up the Telecash system for full integration with banks in the country, which allows Telecash users to send money across mobile networks in Zimbabwe.
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By GlobalData
