Cabanga Magazine

Zimbabwe does not have sufficient numbers of the following facilities, capable of securing consumer confidence: Online Transaction Processing Systems. By this I refer to a simple software application that allows web consumers to purchase goods or services over the Internet, without the use of bank notes. These are more transaction oriented than credit rating oriented. I know of one such innovation, through the Zimbabwe Association of Inventors. One of our members developed an electronic wallet, which is currently going under scrutiny with our Reserve Bank. This product is not a duplication of western technology, but a literal new innovation. When it passes the test, it will transform eCommerce in Zimbabwe. Online Credit Rating. We are one of the few Literate countries which have not been affected or bulldozed by Visa or Master Card, in our credit rating systems. I believe that this is a good thing because it enables the birthing of our own credit rating processing Systems. The good new...