Regulatory Alerts2019-10-28
Approved Payment Systems Platforms
The Reserve Bank of Zimbabwe formally designates a comprehensive roster of payment platforms, detailing their specific operational services and corresponding digital access portals. This regulatory listing encompasses real-time gross settlement systems, central securities depositories for government and equity instruments, and multiple domestic and international card switching networks. Mobile financial services, electronic funds transfer processors, and traditional cheque clearing mechanisms are concurrently recognized to standardize the nation's payment infrastructure.
APPROVED PAYMENT SYSTEMS PLATFORMS PAYMENT PLATFORM SERVICES OFFERED WEBSITES Real Time Gross Settlement System (RTGS) Local Interbank funds transfer-mainly large value https://www.rbz.co.zw/index.php/ nancial -markets/national-paymentsystem/functional-units Central Securities Depository (CSD) for Government Securities and Equities Holding and transferring of securities through electronic book entry https://www.rbz.co.zw/ind ex.php/ nancialmarkets/nationalpaymentsystem/functional-units Central Securities Depository (CSD) for Equities Holding and transferring of securities through electronic book entry http://www.chengetedzai.co.zw/ Zimswitch Local Card Switching Facilities and Electronic Funds Transfer https://zimswitch.co.zw/ MasterCard International Switching Services https://www.mastercard.us/en-us.html Visa International and Local Switching https://usa.visa.com/ Union Pay International (UPI) International Switching https://www.unionpayintl.com/en/ MyCash Mobile and Card Based Payment System http://www.mycash.co.zw/ Paynet Electronic processing of payment instructions – Electronic Funds Transfer (EFT) http://www.payservafrica.com/zimbab we/ Ecocash Mobile Financial Services https://www.ecocash.co.zw/ Getcash Mobile Financial Services http://www.getcash.co.zw/ One Money Mobile Financial Services http://onemoney.co.zw/ Telecash Mobile Financial Services http://telecel.co.zw/telecash Cheque Cheque Clearing https://www.rbz.co.zw/index.php/ na ncial-markets/national-paymentsystem/functional-units IceCash Electronic Payment Solutions https://www.icecash.co.zw/ RESERVE BANK OF ZIMBABWE