OK Zimbabwe Limited has become the first major retailer to be connected to EcoCash, an Econet Wireless’ mobile money service.
Report By Business Reporter
OK has assumed an EcoCash “Super-Agent” status and will be performing agent services for EcoCash throughout its branches across the country. Under the partnership, every OK outlet will now register customers for EcoCash and also perform cashing in and cashing out functions for EcoCash.
In a joint statement by Econet and OK Zimbabwe released yesterday, Econet Services CEO Darlington Mandivenga said that their goal was to increase accessibility of EcoCash to as many people in this country as possible.
“As the largest retail chain with 54 outlets, OK Zimbabwe has significant traffic in their stores and we, therefore, saw the opportunity to provide EcoCash services in their branch network to cater for these customers,” he said. Albert Katsande, the chief operating officer for OK Zimbabwe, said the partnership with EcoCash was in line with their move into the financial services sector.
“Naturally, the customers will find it more convenient to shop in our stores,” he said.
Katsande added that the agent services would also introduce a new offering for their customers.
Econet Wireless Zimbabwe CEO, Douglas Mboweni said the move was in line with the company’s desire to bring as many parties as possible into the EcoCash ecosystem.
“We want to partner with as many players as is possible for the benefit of our customers,” he said. OK CEO Willard Zireva said the partnership with Econet was welcome as it was in line with OK supermarket’s move to offer a broad range of financial services.