Online payments for your convenience
Zimswitch has revolutionized the payment process, consolidating mobile, e-commerce and in-store payments under a single solution. Champions Insurance clients can now pay for their premiums in the comfort of their homes and offices. Any Champions Insurance policy holder with a Zimswitch connected bank card can now make secure payments online. ZimSwitch through Zimswitch Shared Services (ZSS) has developed an online payments gateway (Vpayments) which is able to accept or process debit card based transactions online.
So what is Vpayments?
It’s an online payment service modeled on PayPal. It handles the complex process of interchanges that must occur between banks, merchants, and online shoppers making possible for merchants with bank accounts in Zimbabwe to accept payments from banked customers online. Vpayments requires you to be a banked customer with one of their network member banks. But being banked doesn’t necessarily mean you need the traditional bank account; it can just be an easy to get ‘lite’ bank account like those you get with CABS Textacash, POSB mobile banking or FBC Mobile Mula.
To understand Vpayments, a helpful way is to think of it as an online Zimswitch Point of Sale device. That is, as long as you bank with a member bank, you can use Vpayments to pay for products on a website that has the option from the convenience of your office or your own home, wherever you have Internet access. Payments are in real time just like POS devices meaning an internet merchant can verify the success of a payment immediately and proceed with the transaction. Which banks are integrated to the Vpayments?
The Vpayments service is under pilot tight now with 4 banks, the following: CABS, Trust Bank, CBZ, Tetrad, POSB, ZB. FBC Bank, FBC Society.
We would like to assure our esteemed clients that your payments and personal information will be secure.