ECOCASH SUSPENDS DSTV PAYMENTS | As of 1 January 2017, you will no longer be able to pay your DSTV subscription via EcoCash.

MOBiLE MONEY TRANSFERS UP 16,3%

According to a public notice posted in today’s Herald, the reason behind this suspension is EcoCash’s failure to sustain the service in the current operating environment in Zimbabwe.With this information, Techzim can assume that EcoCash is failing to remit DSTV’s money to South Africa, something they may have promised to do when they initially went into partnership and since the RBZ does not view DSTV as a forex priority because it is under “entertainment” EcoCash may have struggled to find forex to forward to DSTV in South Africa.

It wasn’t too long ago, 13 December to be exact, that Techzim wrote about DSTV Zimbabwe introducing its own direct online payment option through VISA/Mastercard in which Techzim speculated that the move could be a measure DSTV is putting in place to get their money paid directly out of Zimbabwe without the need for it to be settled locally first.

Techzim also speculated that this new feature was not the best news for local banks or mobile money services as DSTV may be aiming to become its own independent payment option and EcoCash looks like the first m-money service to pull out before the current economic/regulatory situation spoils their brand.

  • Techzim

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