RBZ to distribute 50 000 swipe machines to promote use of plastic money

The Reserve Bank of Zimbabwe (RBZ) has set a target this year, to distribute 50 000 point of sale machines across the country to promote the use of plastic money.

Addressing delegates during a plastic money campaign organised by the Confederation of Zimbabwe Retailers in Gokwe town, an official from RBZ Mr Josphat Mutepfa said the country continues to record an increase in the uptake of electronic payments. He added that the RBZ has engaged stakeholders to review bank charges in order to attract more people to embrace the use of plastic money.

More: StarFM News

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