Monday
April 1
2019

Zambia looks to link up mobile money operators

By Michael Malakata

The Bank of Zambia has confirmed it is working on a project to link up all mobile money service providers in the country.

The project is being undertaken in collaboration with the Zambia Electronic Clearing House Limited (ZECHL) and implemented under the National Financial Switch (NFS), an electronic platform (system) which will link all mobile money operators in a bid to increase financial inclusion among the over 60% unbanked Zambians.

Photo courtesy of ICT4D.at.

Source: ITWeb Africa (link opens in a new window)

Categories
Finance
Tags
financial inclusion, financial services, fintech, mobile money