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Econet Urges Companies To Adopt EcoCash Payroll, Says It Will Reduce Bank Queues Drastically

5 years agoThu, 21 Jun 2018 11:00:01 GMT
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Econet Urges Companies To Adopt EcoCash Payroll, Says It Will Reduce Bank Queues Drastically

Econet Wireless Zimbabwe has urged local companies to reduce bank queues by paying their staff through the EcoCash Payroll system. In a statement, Econet Wireless Zimbabwe group chief executive officer Douglas Mboweni said,

Our observation has shown that disbursing staff salaries through banks forces them and their families to spend long periods of time standing in bank queues to access their money. Whereas if we disburse it directly to them, via EcoCash Payroll, they can decide for themselves how much they want to transfer to their banks.

…For example, payments to farmers are being done using EcoCash — to the Grain Marketing Board, Cottco and the tobacco auction floors and too much of the agro and processing industry. NGOs have also been using EcoCash for the past four years to carry out aid-related disbursements to individuals, in mostly rural areas.

More: NewsDay

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