Zimbabweans are having torrid time conducting transactions over Zimswitch’s Zimswitch Instant Payment Interchange Technology (ZIPIT) platform which reportedly went down.
The platform which allows the banking public to bank via mobile phones was down two and half hours ago.
“Im failing to do some transactions via Zipit as the system has been down about two and a half hours ago,” said one Tinashe Jambo who alerted TechnoMag.
Eorts to get comment from Zimswitch were fruitless by the time of going live. Zimswitch last month was said to be working on upgrading their system to allow bank customers receive more detailed transactional notifications.
During the Harare Agricultural Show, an official manning the Zimswitch stand said they were on the second phase of the upgrade project.
“We are now on phase two of the Zipit upgrade project where the users especially recipients of funds can know who would have send them money.
“We expect to complete this phase soon. This upgrade is similar to the Ecocash system where one can see who sent them money,” she said.
With Zipit,any mobile registered user on any network can send or receive money. Most banks in Zimbabwe have integrated their services with Zipit. Barclays Bank is the latest bank to join the Zipit club.
Via Zipit, one is able to buy airtime and transfer airtime to another mobile user. ZIPIT enables a person to send funds instantly from a Zimswitch member bank to another member bank and funds are received instantly.
ZIPIT also enables a person to transfer funds from the bank to the mobile wallet.