Resumen
InnBucks is an e-wallet and PSP operating in Zimbabwe. Customers keep money in the wallet and use it to pay merchants connected to the service, while the seller receives payment without a card terminal.
How it works
- The customer tops up an InnBucks wallet and pays with it in a shop or at a service provider.
- The merchant accepts the wallet payment and receives the funds on its side of the service.
In markets where not everyone has a bank card, a wallet becomes the main way to pay cashless: it works from a phone and does not require a separate banking product.
Coverage
The service is focused on Zimbabwe. Connecting makes sense for businesses selling to local customers that want to accept payments the way those customers already pay.
What to discuss when connecting
- the fee for accepting payments;
- how and when funds are paid out to the merchant;
- transaction limits;
- company document requirements.
These terms are not disclosed on the card and are set when you apply.
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