Friday, 8 March 2013

EcoCash benefits rural folks

EcoCash has come in handy for the rural folks as they can now send money hassle free. THe money transfering technique by Econet has lessened the risks of losng money through previous methods that were being used to send money to the rural areas. 
Atleast US$100 million is being transfered monthly from the country's urban centres to rural areas through Econet Wireless Mobile Money Transfer. resulting in a significant impact on the rural economy.Ecocash has opened up new economic possibilities for people in the rural areas who, up to now, have struggled to circulate money.
Econet is working on introducing a platorm for people in the diaspora to send money home. They believe that this would boost  the economy to recover and at te smae time eliminate problems of liquidity

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1 comment:

  1. Linda Lily17 March 2013 at 04:21

    econet is surely contributing to the development of our country, they are not only accomodating the rural based, but even those from urban areas because in a state of emergency, one can simply go to their nearest eco cash stand and withdraw some money unlike in the banks were one has to queue for more than 30mins!!! thumbs up to econet!!!!

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