Hello Group, a South African based financial technology firm, has launched its mobile money transfer service in Malawi and Zimbabwe. It has launched the services through its money transfer service, Hello Paisa.
Malawians who work abroad can send their families much needed funds. They can collect at any Malawi Post and First Merchant Bank branch. In Zimbabwe, Hello Group has forged strategic partnerships with popular retailers such as TM Stores, Pick ‘n Pay, Telecash and Zimpost for a similar service.
Ahmed Cassim, Managing director of Hello Paisa, said money transfer services contribute largely to a country’s economy.
“Not only is it an important source of household income for thousands of families, it serves as a key contributor to critical sectors like education, entrepreneurship and healthcare,” said Cassim.
Nadir Khamissa Hello Group chief executive officer, said, “We as an organisation see our services as…building communities through technology to drive positive change within their societies.”
Khamissa called on Malawians and Zimbabweans to help bridge the gap on financial inclusion by experiencing the low-cost international money transfer solution that puts convenience and security first.
To sign up for this service all one needs to do is dial *130*43556# and select “call me back”. Once they are registered for the Hello Paisa service they can place orders through Hello Paisa’s Android Mobile phone application or via its call centre and then settle their transactions at any Hello Store, FMB, Shoprite, Pick n Pay or Spar stores countrywide.
Ecocash, Econet Zimbabwe’s flagship mobile money product is now available in South Africa. This means that you can now send money from your ecocash wallet in South Africa to an ecocash wallet in Zimbabwe. Please note that you need to be registered and to be registered you need an econet call home sim card
Simply register (once off) for the service using your Zimbabwe passport at any of the authorised registration locations and your personal EcoCash wallet will be activated. After that, sending cash home is as simple as buying prepaid airtime. Go to any one of 70,000 Flash vendors throughout South Africa to “cash-in”*. You can send as little as R50 at a time and up to R3,000 per day or R10,000 per month.
After receiving your approval SMS from EcoCash, get a quote for the amount that you want to send to Zimbabwe.
From your registered Call Home SIM
Daily limit is R3 000 Monthly limit is R10 000.
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