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New Digital Payment Scheme For Zimbabwean Diasporas To Buy Groceries At Home Via ZymPay
ZymPay’s scheme enables Diasporas to purchase digital vouchers for beneficiaries to shop at Gain Cash & Carry stores in Zimbabwe.
London, UK - 27 September 2017 – Cross-border bill payment business ZymPay has introduced digital vouchers which can be redeemed at any of over 60 nationwide GAIN Cash & Carry stores in Zimbabwe for foodstuff and household goods. Digital vouchers are delivered as a ‘One Time Passcode (OTP)’ to the beneficiary’s mobile for redemption at any GAIN store.
The new voucher scheme removes the need for cross-border remittances, or the use of local mobile wallets. The system delivers a seamless cross-border digital payment service direct to the merchant from overseas. This method is cheaper than money transfer and...