ZimSwitch

From Pindula
ZimSwitch
Type
Financial Technology Company
IndustryFinancial Institutions
Foundedin Harare, Zimbabwe
HeadquartersHarare, Zimbabwe
Websitezimswitch.co.zw

ZimSwitch is a payments technology company in Zimbabwe. It was founded in 1994 through a collaboration of several banks in Zimbabwe. The core service ZimSwitch provides is interoperability between the different financial services in Zimbabwe, allowing customers of one financial institution to transact with and sometimes through other financial institutions.

ZimSwitch is regulated in terms of the National Payment Systems Act and regulations as issued by the Reserve Bank of Zimbabwe.

Members

As a company offering interoperability, ZimSwitch strength is in the number of members on its 'switch'. The following were ZimSwitch members as at May 2018:

Financial institutions


Depositing Taking Microfinance Institutions


Products

  • Electronic transaction switching
  • Clearing and settlement
  • Risk management on behalf of participants


Related Companies

References