EcoCash logo

EcoCash

by Econet · Since 1993
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ActiveAvailable globallyCloud
Quick facts
VendorEconet
Year launched1993
StatusActive
LocationBuilding de la ZEP,Chaussée P L Rwagasore 431 Bujumbura, Burundi
Countries servedGlobal
Languages1
Integrations1+
Free tier
Free trial
Contact salesYES

About EcoCash

EcoCash is a banking software from Econet that provides financial services. It includes features such as mobile payments, bill payment services, and fund transfers so users can manage their money efficiently. EcoCash is designed for both individuals and businesses, allowing easy access to a variety of banking services. With its user-friendly interface, clients can conduct transactions from their mobile devices without needing to visit a bank branch. Key capabilities: mobile payments bill payments fund transfers account management customer support Best for: individuals and businesses that need reliable banking services.

EcoCash is Zimbabwe’s leading mobile‑money and digital‑payments platform, enabling millions of users to send money, pay bills, buy airtime, shop, and manage financial services directly from their mobile phones. The official EcoCash website describes the service as “a hassle‑free lifestyle”, offering the freedom to transact anywhere — at home, in the market, or on the move. EcoCash supports cross‑border transactions, cash‑outs at EcoCash shops, and even provides a Mastercard for online shopping, ATM withdrawals, and POS payments outside Zimbabwe. The EcoCash Mobile App expands these capabilities with a modern, intuitive interface. According to the Google Play listing, users can send and receive money instantly, transact via QR codes, pay bills, buy airtime, pay school fees, make church contributions, access loans and savings, generate statements, and perform bank‑to‑wallet transfers. The app is designed to be fast, secure, and convenient, making it a central financial tool for everyday life. TechNews Zimbabwe highlights EcoCash’s evolution from a closed mobile‑money system to a fully interoperable platform after regulatory reforms by the Reserve Bank of Zimbabwe, enabling transfers to banks and other mobile‑money services.

Pros & Cons

What users like
  • +Easy mobile payments and money transfers without bank account needed
  • +Widely accepted by merchants for everyday purchases and bills payment
  • +Instant airtime top-ups and utility payments save time for users
  • +Peer-to-peer transfers work reliably across large networks nationwide
  • +Supports loans and savings products integrated into mobile wallet ecosystem
What users flag
  • Transaction fees add up for frequent transfers and merchant payments
  • Agents can run out of float or liquidity at peak times
  • Customer support often slow to resolve transaction disputes
  • Network outages or mobile issues can delay critical transactions
  • Withdrawals may incur high charges relative to deposit amounts

Features

Key features

Instant money transfers – Sends and receives funds instantly between EcoCash mobile wallets nationwide.
QR‑code payments – Enables fast merchant transactions using secure QR‑based payment technology.
Bill‑payment services – Pays utilities, subscriptions, and household bills quickly through the app.
Airtime and bundles – Purchases mobile airtime and data bundles for any network user.
School‑fees payments – Supports direct tuition payments to partnered educational institutions efficiently.
Church‑contribution tools – Allows seamless digital giving for religious organizations and congregations.
Cash‑out functionality – Withdraws funds at EcoCash shops with guaranteed USD availability.
Cross‑border transactions – Facilitates international payments and remittances across supported regions.
EcoCash Mastercard support – Enables global online shopping, ATM withdrawals, and POS transactions.
Merchant‑payment acceptance – Lets businesses receive secure digital payments from EcoCash customers.

Additional features

Loan‑access features – Provides micro‑loans and credit services through integrated financial partners.
Savings‑account options – Offers digital savings products accessible directly from the mobile wallet.
Transaction‑history access – Displays detailed logs of past payments and transfers instantly.
Statement‑generation tools – Creates downloadable account statements for financial tracking purposes.
Bank‑to‑wallet transfers – Moves funds between bank accounts and EcoCash wallets seamlessly.
Wallet‑to‑bank transfers – Sends money from EcoCash directly into supported bank accounts.
Interoperability support – Transfers funds to other mobile‑money platforms after regulatory reforms.
Secure authentication methods – Protects user accounts with PINs and advanced security protocols.
Merchant‑directory access – Lists thousands of retailers accepting EcoCash payments nationwide.
Subscription‑payment tools – Automates recurring payments for entertainment and service providers.

Pricing

Free trial
Free version
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Countries & Languages

Global
Countries served
1
Interface languages
3
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP

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