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[QUOTE="Queen, post: 87817, member: 27"]
A virtual Visa card from CABS is dropping later this month, but the actual details separating it from existing options remain totally unclear.

CABS and Visa are going deeper
[LIST]
[*]CABS is launching a virtual Visa card through its digital platforms.
[*]This signals a formal strategic partnership beyond standard issuing.
[*]Users can generate a card digitally and skip the branch visit.
[*]Online payments for services like Starlink and Netflix get easier.
[/LIST]
Growth numbers with context
[LIST]
[*]CABS claims it is now Zimbabwe's third most popular Visa issuer.
[*]Transaction volumes jumped 195% year-on-year with values up 215%.
[*]That ranking is almost certainly Visa-specific, not overall card issuing.
[*]Starlink's September 2024 arrival likely turbocharged Visa demand.
[/LIST]
Virtual cards already exist here
[LIST]
[*]EcoCash has carried a virtual Mastercard for over a decade.
[*]O'mari, a fellow Old Mutual subsidiary, launched a virtual Visa in 2024.
[*]Dialing *707# gets you an O'mari card that reportedly works reliably.
[*]CABS has not explained what sets its offering apart.
[/LIST]
Missing details and the bigger picture
[LIST]
[*]Fees, transaction limits, and activation speed are all unaddressed.
[*]Zimbabwe's card market is getting crowded with Visa and Mastercard options.
[*]Government tax pressure on digital payments complicates things for everyone.
[*]Actual user experience will determine whether this partnership matters.
[/LIST]
[/QUOTE]

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