Tags Cashless

Tag: cashless

Zimbabwe: Africa’s first cashless society?

When Zimbabwe's economy tanked in 2002, the people spoke of "the coin problem". Because there was no change, every purchase had to be rounded up to the dollar. With most people living on the breadline, this was a severe hardship. Enter Econet Wireless and its innovative mobile payment system.

Cashless ATM extends banking's reach

Cashless ATM extends banking’s reach

South Africa's First National Bank (FNB) has unveiled an innovative automatic teller machine (ATM) capable of delivering full digital banking via retail outlets to remote rural areas beyond the business reach of conventional ATMs.

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