LEADING mobile financial services provider EcoCash has advised that all cash-in cash-out services on its platform have been suspended with immediate effect.
In a statement to its over ten million subscribers, Ecocash said all other services on its platform remain operational.
Read the statement below:
Dear Valued Customers,
Following communication from the Reserve Bank of Zimbabwe, please be advised that with immediate effect the following changes apply:
• All Agent and Bulk Payer lines are suspended This therefore means that Cash in and Cash out services have been suspended until further notice.
However, please be advised that all other EcoCash services continue and are operating normally.
We would like to thank you our customers for all your continued support.
Live Life The EcoCash Way!
The country’s biggest mobile money company EcoCash has suspended all agent and bulk payer lines in compliance with the directive issued by the Reserve Bank of Zimbabwe (RBZ). This comes after the central bank toned down on the move made by the government on Friday night to ban mobile money services accusing them of creating money and blaming them for the collapse of the local Zimbabwe Dollar.