Zimbabwe's Telecel has launched its own mobile money transfer service, branded as Telecash, which it said would allow subscribers to use mobile phones to send money to anyone on any network, pay bills and pay for groceries and other goods and services.
Telecel's chief commercial officer Ashraf El Guindy said the company was coming to the market with a strong product.
"We have associated ourselves with the best in the industry," he said, adding that Telecel's technical partner for Telecash was Obopay and that its banking partners included Afrasia, CBZ and ZimSwitch, which provides links with most of the country's banking institutions.
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