Saturday, 5 May 2018

Revealed - Netone and Telecel Give In To Ecocash

NetOne and Telecel users can now transact using rival service provider Econet mobile money transfer facility EcoCash.


The facility is being resumed by Econet’s Ecocash as the mobile money service steps up efforts to increase financial inclusion and interoperability.

EcoCash, a subsidiary of Econet, said on Thursday the new service enables users to download an EcoCash application to transact despite network differences.

“In the interest of financial inclusion, EcoCash is for everyone no matter your network. Register now on any network. You can register for EcoCash with your Netone, Telecel and Econet number,” said Econet.
Revealed - Netone and Telecel Give In To Ecocash
Government has been urging mobile phone operators to ensure digital financial services are interoperable by April 2018.

Netone and Telecel have generally been reluctant on adopting the move due to the huge competition from Ecocash.
Ecocash is by far the leading brand in mobile money transfers in the country compared to Netone’s Onemoney and Telecel’s Telecash.
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