Electronic funds switch

- Zimswitch Technologies

- ATM,POS,Inter-operability,Clearing & Settlement Services,Risk Mitigation,Transaction Processing,zimswitch,harare,zimbabwe

More about Zimswitch Technologies

Service Information

Zimswitch is the sole national electronic funds switch for Zimbabwe. The company processes domestic card-based ATM and POS transactions amongst member financial institution in real time on line.Zimswitch has recently enabled our member banks to process person to person payments through the switch using a variety of delivery channels including mobile phones. Zimswitch serves not only the financial institutions who are its members and users but also provides an essential service to their customers; the Zimbabwean public.

 

 

Inter-operability

Zimswitch facilitates the common utilisation of payment systems infrastructure like automated teller machines (ATM’s) and point of sale (POS) facilities throughout Zimbabwe. This ultimately reduces capital costs for financial institutions on acquiring own POS machines and ATMs.

 

Clearing & Settlement Services

Zimswitch acts as a clearing house through which the participants settle their net exposures resulting from card and eft transactions on a daily basis.

 

Risk Mitigation

We also manage the risk relationship between participants

 

Transaction Processing

Zimswitch contributes to increased transaction volumes to financial institutions both acquirers and issuers as bank customers are able to transact anywhere where there is a Zimswitch enabled device(ATM or POS)

 



E-commerce & e-business solutions | Uganda


Africa 2 Trust

E-commerce & e-business solutions

View Details

VERIFIED


More

Effective Web Solutions for SMEs | Uganda


Africa 2 Trust

Do you find the cost of getting and mantaining an interactive, dynamic, database driven website unreasonably high? Are you tired of paying hosting bills, domain renewals, online marketing fees? www.africa2trust.com has a perfect solution for you.

View Details

VERIFIED


More

<