Zimbabwe’s Econet Wireless has through its mobile payment solution EcoCash has partnered with Harare City Council’s parking unit City Parking to enable Ecocash customers to pay for parking services. The development means all City Parking marshals within the Harare Central Business District now accept EcoCash payments for parking. City Parking holds the largest share of parking bays in Harare CBD including Julius Nyerere, Samora Machel and Parklane Parkades.
The value of the transaction will be automatically and instantly deducted from the customer’s EcoCash account using what is referred to as Ecocash Ta! Ta is micro-payment system that allows a subscriber to make small purchases with EcoCash without the inconvenience of entering PIN. One drawback is that, for a subscriber to Ta, one has to purchase a sticker at Ecocash shop for $1 to enable the functionality. The payment process however, is efficient and fast with no USSD code dialing or PIN required from customers when paying for goods and services of up to USD 3.
This form of payment was introduced slightly more than a month ago through newspaper vendors but the takeoff seems to be slow. The hurdle might be the sticker that subscribers feel is an unnecessary hurdle. With the market expecting Econet to launch the aggregator and mobile payment solution Square through its flagship bank Steward Bank, it could compliment Ecocash Ta efforts in the space of micro-payments.