Core Features

Transactions(ATM, POS)

ZimSwitch Technologies has been in the switching business since August 1995. Initially, the company processed ATM transactions only, but in May 1996 the company began processing POS transactions.
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Instant Funds Transfers(ZIPIT)

ZIPIT – Stands for ZimSwitch Instant Payment Interchange Technology. Once ZIPITs have been enabled on a bank’s infrastructure, their customers can send funds instantly to any other ZIPIT Ready financial institution.

Internet/Online Payments(VPayments)

ZimSwitch through Zimswitch Shared Services (ZSS) has developed an online payments gateway which is able to accept or process debit card based transactions online. This new innovation not only allows debit card based transactions online but it also enabled merchants to sell their products online

Mobile

ZimSwitch Mobile is a shared mobile banking platform and USSD Gateway connecting our member financial institutions to all three MNO’s in Zimbabwe, namely Telecel, NetOne and Econet. The platform offers full USSD connectivity for banking related services as well as SMS and Direct Airtime functionality

What We Do

  • Transaction Processing
  • Bank Interoperability
  • Transaction Switching
  • Settlement & Clearing
  • Risk Mitigation

The Relationship Between Members and Risk – TM

Zimswitch has 20 financial institutions who are participants on the switch. Zimswitch is responsible for clearing and final settlement of transactions processed through the switch on a daily basis. Clearing refers to the process of transmitting, reconciling and in... read more

Our Motto

Our work ethic is driven by ACTION

      A

Always deliver on our commitments

     C

Customers first

     T

Time is important

     I

Integrity not compromised

     O

Objectives and goals our focus always

     N

New innovations/ideas keep us ahead