Zimbabwe: Zimpost Offers Low-Cost Money Transfer Service - Zipcash

Jul 04, 2017 | The Herald; All Africa

Zimpost offers a variety of financial services at all post offices nationwide. These range from mobile money transfer services to agency banking services.

Through Its extensive branch network, Zimpost offers convenience and quality service to all its customers. One Of Zimpost's major obligations is to offer public access to financial services and is committed to ensuring the availability of these services nationwide. ZipCash is the most affordable, quick and secure way to transfer money locally and across borders. It allows customers to send or receive money locally and internationally through the postal network worldwide. It sits on an electronic platform called International Financial System (IFS) developed by the Universal Postal Union (UPU), which connects over 600,000 Post Offices worldwide and allows customers to transfer money without tying them to a bank account. ZipCash allows customers to send or receive free funds from Lesotho, Nigeria, Tanzania, Botswana, South Africa and Kenya. Efforts to connect to all 192 member countries under the UPU are underway. The corridor to Lesotho is the latest offering, enabling the transfer of free funds to and from Lesotho. ZipCash has increased the ease and convenience of money transfer, enabling transfers of university fees, student's pocket money, cross-border traders and drivers at affordable rates. ZipCash rates are almost half of the other service providers, due to Zimpost's huge network both locally and internationally which reduces cost of service provision. Zimbabweans in the Diaspora can also send money back home through the worldwide postal network. Read more on All Africa. Source: All Africa