Mastercard and Zimswitch

Mastercard and Zimswitch have partnered in an attempt to modernise Zimbabwe’s payment infrastructure – something that the companies believe will support the country’s Reserve Bank’s vision of an interoperable payment system that supports inclusive economic growth and boosts the digital economy. “We see this partnership as a positive development that will help us achieve our long-standing vision and our strategic plan to modernise payments systems and infrastructure, and build an inclusive financial sector that supports the socio-economic development of the country,” says John Mangudya, Governor of the Reserve Bank of Zimbabwe. Utilising Mastercard’s global network, Zimswitch will launch a co-branded contactless card programme that features EMV technology to enable safer, smarter and more s...