Zimbabwe saw digital payment values fall during early 2025 as people spent less money through electronic systems. The Reserve Bank reported transaction values decreased from ZIG583.14 billion to ZIG532.61 billion between quarters. Payment volumes also declined from previous levels during the same three-month period. Economic pressures and reduced consumer spending power contributed to these lower numbers. Business owners became more careful about making purchases through digital channels.
Festive season spending helped boost fourth quarter results before normal patterns returned. Holiday bonuses and gift purchases increased electronic transactions during December celebrations. Regular economic activity resumed after the holidays ended without extra seasonal spending. Dollar transactions through the RTGS system fell from 8.55 billion to 7.74 billion dollars. Local currency payments also recorded significant decreases during the measurement period.
Mobile payment subscribers increased slightly to 10.1 million active users across the country. Point of sale terminals decreased from 135,520 machines to 129,081 devices serving customers. The Victoria Falls Stock Exchange maintained adequate foreign currency reserves for operations. Collateral levels grew at Zimswitch and other major payment platforms. Exchange rates stood at 26.8 ZIG per dollar at quarter end.
Festive season spending helped boost fourth quarter results before normal patterns returned. Holiday bonuses and gift purchases increased electronic transactions during December celebrations. Regular economic activity resumed after the holidays ended without extra seasonal spending. Dollar transactions through the RTGS system fell from 8.55 billion to 7.74 billion dollars. Local currency payments also recorded significant decreases during the measurement period.
Mobile payment subscribers increased slightly to 10.1 million active users across the country. Point of sale terminals decreased from 135,520 machines to 129,081 devices serving customers. The Victoria Falls Stock Exchange maintained adequate foreign currency reserves for operations. Collateral levels grew at Zimswitch and other major payment platforms. Exchange rates stood at 26.8 ZIG per dollar at quarter end.
