paywiki

Zimbabwe

ZW · ZWE · 716AfricaUSD $16 methods

Revised · 3 sources

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EcoCash is Zimbabwe's dominant payment platform, launched in 2011 and widely used for P2P transfers, merchant payments, and bill payments.

~10M
online population
~45%
banked adults
~5%
credit card population
MixMethodsBehaviourBanksSourcesFacts

Payment mix

share of e-commerce spend
  • Mobile Money45%
  • Cash (USD)30%
  • Bank Transfer (ZIPIT)15%
  • Card8%
  • Other2%

Methods in use

top 8 of 16 · by spend
All 16 methods in Zimbabwe →

Checkout behaviour

The ZiG currency (introduced April 2024) aims to stabilise the local currency; the government is encouraging mobile money adoption for ZiG transactions.

ZIPIT enables real-time interbank payments across all Zimbabwean banks.

Facts
ISO 3166
ZW · ZWE · 716
Region
Africa
Population
~16M
Currency
USD $
Banked adults
~45%
Methods live
16
Banks covered
4
Largest banks
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NigeriaChinaUnited StatesUnited Kingdom
Sources
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