EcoCash suspends international use of MasterCard Debit Card
EcoCash has dropped a bombshell by announcing the suspension of international use of its MasterCard Debit Card.
This had been a longtime coming after continued reduction of limits and this essentially becomes the latest cutoff from international payments whether done from Zimbabwe or outside the country.
This comes on the back of a cash crunch in the country that has resulted in the Reserve Bank Of Zimbabwe introducing stringent controls on foreign currency usage.
From 1 November, however, one can prefund their debit card with foreign currency at an Econet shop and be able to use it outside the country.
The debit card will still be able to be used in Zimbabwe with no changes to limits.