EcoCash, a leading financial technology platform in the country, has just unveiled EcoPay, a new online payment system designed to simplify and accelerate payments for organizations. With EcoPay, businesses can now make instant payments to over 100,000 beneficiaries simultaneously.
At the launch event in Harare, EcoCash commercial executive Gilbert Tsongorera highlighted the versatility of EcoPay, stating that it caters to a wide range of sectors, including corporate entities, non-governmental organizations (NGOs), and the agricultural industry. "EcoPay is tailored to meet the diverse payment needs of various organizations," Tsongorera said. "It provides a fast and seamless solution for managing large-scale disbursements while enhancing control, efficiency, and transparency."
This innovative platform arrives at a crucial time when businesses, NGOs, and government departments are increasingly turning to digital solutions to boost operational efficiency. EcoPay's advanced web-based interface allows organizations to streamline their bulk payment processes, eliminating the need for time-consuming manual tasks. "Not only does this speed up disbursements, but it also enhances transparency," Tsongorera explained. "Organizations can easily initiate, approve, and track payments through a user-friendly interface."
Among EcoPay's impressive features is the ability for users to instantly view their account balances, facilitating timely cash flow and expenditure decisions. The platform generates detailed reports that provide organizations with clear insights into their payment transactions, helping to eliminate errors and validate EcoCash numbers during payments.
Tsongorera emphasized the importance of EcoPay's self-service capabilities, which empower organizations to manage their payment processes independently. "With EcoPay, organizations can upload documents, generate reports, and track payment progress on their own," he noted. This self-service feature is particularly valuable for those looking to reduce reliance on external assistance and improve operational efficiency.
"Corporates, government departments, NGOs, and even farmers can now upload payment instructions and generate real-time reports, enhancing their operational control and boosting productivity across various sectors," Tsongorera added.
In summary, EcoPay is set to revolutionize how organizations handle payments, offering a secure, fast, and efficient platform that supports better financial management and operational autonomy.
