Econet Demands Cash From Airtime Dealers and Sellers

Mobile network operator Econet is now demanding only cash from bulk airtime dealers or reseller. At the moment, Econet is the only mobile network operator demanding cash as Telecel and NetOne are still accepting electronic money. Econet defended its actions saying that it will accept the same form of payment that airtime dealers were accepting from their customers.

Econet Wireless media relations executive, Fungai Mandiveyi said:

Where the dealers or resellers are paid in cash, Econet expects to be paid by the dealers in cash. Where the bulk airtime resellers are paid by electronic transfer or by EcoCash, Econet expects the same mode of payment from the dealers.

Econet deposits all the cash receipts from its dealers, resellers and customers with the banks and sends daily returns of its banking to the Reserve Bank of Zimbabwe.

All our individual customers may make payment for individual airtime, data or any other Econet products and services by EcoCash, Point of Sale devices or by direct bank transfer

More: NewsDay

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