Zimbabwe’s payment landscape has been significantly impacted by economic challenges and hyperinflation in recent years. Cash remains the dominant payment method, especially for smaller transactions and in-store purchases. The use of mobile money platforms, like EcoCash and Telecash, is growing, offering a more convenient alternative for some transactions, but credit card usage remains limited due to economic constraints. The adoption of digital payment solutions is increasing, driven by the government’s promotion of mobile money platforms and contactless payments, but the overall digitalization process is slow. Zimbabwe’s payment system is characterized by a complex interplay of cash, digital, and informal methods, heavily influenced by periods of economic instability and hyperinflation. Cash, particularly US dollars, remains a significant means of transaction, particularly among smaller businesses and in less developed regions. Credit and debit card use is growing, though acceptance can vary. Mobile money platforms have become increasingly important, partly due to the volatility of the national currency. Online banking is used, although penetration is not universal.
Estimated Population
15 million
Currency
Zimbabwean dollar (ZWL)
All supported payment methods for Zimbabwe:
Mastercard, Visa, American Express, JCB, UnionPay International, Discover, Diners Club, Apple Pay, Google Pay, PayPal, MaestroPopular payment methods
Mastercard
Credit/Debit Cards
Unlock a world of payment possibilities with Mastercard, a trusted global leader in secure and convenient transactions
American Express
Credit/Debit Cards
Elevate your business with American Express, a premium payment network that attracts discerning customers and drives higher-value transactions.
JCB
Credit/Debit Cards
JCB is a leading international payment network, offering a unique opportunity for businesses to reach a growing customer base, especially in Asia-Pacific.
UnionPay International
Credit/Debit Cards
UnionPay is the world’s largest payment network, offering businesses the opportunity to tap into the vast Chinese market and beyond.
Discover
Credit/Debit Cards
Discover is a leading payment network that offers a unique combination of security, rewards, and customer service, making it an attractive option for businesses.
Diners Club
Credit/Debit Cards
Diners Club is a global payment network renowned for its premium services and exclusive benefits, offering businesses access to a discerning clientele.
Apple Pay
Wallets
Apple Pay offers businesses a convenient and secure way to accept payments from iPhone, Apple Watch, and Mac users, enhancing the customer experience and boosting sales.
Google Pay
Wallets
Google Pay empowers businesses to offer a fast, secure, and convenient mobile payment experience, attracting a wide range of customers.
