Search
Close this search box.

EFT Corporation Strengthens Management Team by Appointing Farai Tigere to Lead Zimbabwe Operations

Introduction 

EFT Corporation has appointed Farai Tigere as the head of its Zimbabwean operations to strengthen financial inclusion, digital transformation, and economic empowerment in the country. As a key player in Zimbabwe’s payment ecosystem, EFTCorp provides innovative solutions tailored to the country’s economic conditions, helping businesses and individuals navigate the digital economy.

Tigere, who started as an Implementation Engineer before transitioning to business development and solution architecture, has been instrumental in Zimbabwe’s payment digitization efforts. His deep industry knowledge and local expertise will help expand EFTCorp’s role, particularly in underserved sectors.

With Zimbabwe moving towards mandatory POS systems and increased reliance on digital payments, Tigere’s leadership will ensure EFTCorp remains at the forefront of these developments, providing accessible and efficient financial solutions that drive economic growth.

Read: Cross-Border Payments: Improving Access to Financial Services in Emerging Economies

Why Is This News Relevant? 

This appointment is significant because it reflects Zimbabwe’s evolving digital payment landscape and the growing importance of financial inclusion. Many businesses and individuals still rely on cash transactions due to currency fluctuations and trust issues in digital finance.

EFTCorp, under Tigere’s leadership, aims to bridge this gap by providing tailored POS solutions, mobile payments, and digital financial tools that cater to informal markets. As Zimbabwe moves towards mandatory POS adoption, EFTCorp is well-positioned to support businesses through this transition.

By leveraging expertise from other markets, EFTCorp’s strategy will not only benefit Zimbabwe’s economy but also contribute to Africa’s broader digital financial transformation, fostering greater accessibility and efficiency in payments.

Read latest fintech articles: The Rise of Neo-Banks: Transforming Financial Access in Emerging Markets

FAQs

How will Farai Tigere’s appointment impact Zimbabwe’s digital payments landscape? 


Tigere’s leadership will enhance EFTCorp’s role in Zimbabwe’s payment ecosystem by expanding digital payment solutions and financial inclusion. His experience in business development and solution architecture will help tailor EFTCorp’s services to meet the needs of both formal and informal markets. As Zimbabwe moves toward mandatory POS systems, Tigere is positioning EFTCorp to offer seamless, compliant solutions that will help businesses adapt quickly. Additionally, his focus on restoring trust in digital transactions will encourage more Zimbabweans to transition from cash-based transactions to digital payment systems.

Why is financial inclusion crucial for Zimbabwe’s economy? 


Financial inclusion ensures that more Zimbabweans have access to banking and digital payment solutions, enabling small businesses and underserved communities to participate in the formal economy. By providing reliable, accessible, and innovative payment tools, EFTCorp empowers entrepreneurs, boosts business efficiency, and supports overall economic growth. Digital payments can also enhance transparency, reduce fraud, and facilitate economic stability.

Industry Quotes

Farai Tigere, Head of Zimbabwean Operations, EFTCorp:
“The goal is to strengthen EFTCorp’s position in Zimbabwe’s payment ecosystem by expanding our reach in underserved sectors. This role presents a great opportunity for both personal growth and business expansion. We aim to introduce solutions that seamlessly transition businesses from cash-based to digital transactions, ensuring greater accessibility to financial services.”

On the future of digital payments:
“There is immense potential for payment solutions to drive financial inclusion in Zimbabwe. By leveraging market research and innovative technology, we will create localized solutions that empower businesses and individuals. Our vision extends beyond Zimbabwe—to influence the broader African payments landscape and contribute to a thriving digital economy.”

Conclusion 

EFTCorp’s appointment of Farai Tigere marks a significant step in Zimbabwe’s journey towards a more inclusive and digital financial system. With Tigere’s expertise, EFTCorp is set to expand its role in underserved markets, enhance financial accessibility, and support the transition to mandatory POS adoption.

EFTCorp is well-positioned to build trust in digital payments and contribute to economic growth by focusing on tailored digital solutions and market-driven innovations. As the financial landscape evolves, this strategic leadership change will strengthen Zimbabwe’s payment ecosystem and align with Africa’s broader push toward financial inclusion and digital transformation.

Read latest fintech articles:Fintech for Women’s Financial Empowerment
Read latest fintech articles:The Future of Digital Wallets and Payment Systems for the Unbanked
Read: Fintech in Hospitality: Top 10 Fintech Solutions for Hotels
To participate in our interviews, please write to us at news@intentamplify.com

Share With
Contact Us