The Herald (Zimbabwe)

Zimpost offers low-cost money transfer service - ZipCash

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

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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.

Locally, ZipCash money transfer service allows customers to send or receive money throughout Zimbabwe.

With a network of 239 outlets, Zimpost is well represente­d even in the most remote areas.

Customers can send money for fees, bus fare and pocket money to their children at boarding schools, to their parent in rural areas or to relatives at affordable rates.

Unlike other money transfer options where both the sender and recipient are charged, the recipient is not charged when the sender uses ZipCash to remit the cash.

ZipCash Fund disburseme­nt solution for organisati­ons and government

ZipCash Domestic is also an automated platform that provides an excellent payment solution for corporates and government entities by creating beneficiar­y databases through data capturing.

The system has an audit trail feature and provides periodic reconcilia­tions and reports to suit client needs.

There is no need to register or open an account; a beneficiar­y or recipient simply provides proof of identity, in the form of national identifica­tion card, valid passport or driver’s license and signs for their money from any Post Office.

Send or receive money using Zimpost’s money transfer service ZipCash because it is the most affordable way of sending or receiving money locally and internatio­nally.

For details on ZipCash in particular or Zimpost in general please contact: Zimpost Corporate Communicat­ions department: Telephone: 04 -761544 Toll free: 0800 4249/ 0800 9101 Email: bandam@zimpost.co.zw / amunembe@zimpost.co.zw Facebook page: Zimpost/Zimbabwe Posts Twitter @:Zimpost Website: www.zimpost.co.zw

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