UK diaspora customers will now have access to the Ecocash wallet as if they were in Zimbabwe and enjoy the ability to remit funds and pay for goods and services using the newly launched Ecocash Home Wallet app.
Econet Group’s fintech subsidiary, Cassava Connect (formerly Chitoro), unveiled the product in London on Thursday, calling it ‘a first in the world of remittances between the UK and Zimbabwe’. Cassava is the company through which all EcoCash mobile money services are managed across Africa.
For the first time ever, Zimbabweans in the diaspora are now able to take direct control of how the money they remit to Zimbabwe is used. They can sign up for the EcoCash mobile money service via the Ecocash Home Wallet app, and link it to their UK mobile number.
The app is available for download on the Google Play Store and Apple store. Once registered, a user in the UK will be able to top up their Home Wallet through a debit or credit card or bank transfer, which will allow them to send money home and perform all other transactions available on EcoCash in Zimbabwe such as pay bills, pay merchants, or buy airtime.
Haxton Rose, Managing Director of Cassava Remit UK, described the new service as “a response to long standing calls by the diaspora community for a transaction offering that provides speed, comfort, control, and security of funds remitted back home.”
Haxton Rose, Managing Director of Cassava Remit UK