Staff Writer
HARARE, In a significant move to enhance digital payment experiences, ZB Financial Holdings (ZBFH) has partnered with Mastercard to introduce a suite of innovative digital services.
The collaboration provides ZB customers with faster, safer, and more convenient online payment solutions, catering to a broad demographic, including cross-border traders, students, and high-net-worth individuals.
The launch included five Mastercard card options, offering wider acceptance, enhanced flexibility, and access to exclusive benefits.
These include the Mastercard Prepaid Card, Mastercard Debit Card, Gold Debit Card, Private World Banking Debit Card, and Commercial Credit Card.
Each of these cards is designed with distinct features and benefits, enabling clients to select the one that aligns with their lifestyle and financial needs.
ZB’s existing VISA offerings are also now complemented by Mastercard international cards and payment services, giving customers more choice and flexibility.
At the launch in Harare, ZBFH Group chief executive officer Shepherd Fungura said the Mastercard suite introduced a cutting-edge, secure, and globally integrated platform to the market, offering a seamless payment experience.
“Our partnership with Mastercard is a bold statement of intent, and it reflects our aligned vision of excellence to lead in shaping the modern, inclusive, digital-driven financial ecosystems, even here in Zimbabwe,” he said.
He added that the Mastercard suite brings to the market a seamless, secure, globally connected platform that redefines individuals.
“SMEs a
Mastercard vice president of Southern Africa, Jabu Basopo, said the launch would go a long way in alleviating challenges faced by SMEs by providing a convenient and efficient way to manage business expenses.
“Customers are looking for speed, simplicity, safety, and security, and all those are embedded in all the services we are launching today. We are launching five products, but I would like to focus more on the corporate product because, for me, when I look at that, SMEs are some of the segments that we probably do not elevate as much.
“But the corporate product, obviously, looking at this market, is going to address the SME. We have a huge SME segment that is probably not looked at. And obviously, this is giving an opportunity to do that,” he said.
At the launch, Elisha Chibvuri, the ZB Bank Chief Executive Officer, said, “At ZBFH, our customers are at the heart of everything we do, “We heard your call for more choice and flexibility, and we are thrilled to announce the launch of Mastercard international cards and payment services.”
ZB has also enabled merchants to accept payments online through the Mastercard Payment Gateway, expanding the bank’s support for e-commerce.
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