Saturday, September 15, 2007

Etranzact Zimbabwe

eTranzact is the first online real-time payment system that allows individuals and corporate account holders to pay for goods and services purchased from merchants without stress. The transaction system allows for payment and funds transfer using mobile, internet and email systems to facilitate funds transfer. In Zimbabwe, the systems is available via Kingdom bank allowing users 24 hr banking services. The system is gaining momentum amongst merchants and utility providers. Even though at present the system is mainly used to airtime purchases via the Econet wireless provider, it is ushering a new age of ecommerce in Zimbabwe at it opens possibilities for true real time internet purchases.

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