ECONET Wireless’ mobile banking facility EcoCash has partnered with Central Africa Building Society (CABS) to enhance customer banking and merchant services.

In a joint Press statement, the two parties said the partnership would result in the rolling out of a first of its kind, unique point of sale integration solution, which allows EcoCash users to simply enter their mobile number at retailers’ integrated or stand-alone point of sale devices.

“EcoCash pin validation is done via the customer’s registered mobile device. To ensure the ecosystem is balanced end to end, banking services have also been introduced for CABS customers that hold EcoCash wallets.

“To enjoy the convenience, customers can transfer funds between CABS and EcoCash and from EcoCash to CABS in real-time, 24/7,” read the statement.