We are excited to announce that customers can now efficiently and conveniently pay for ZIMDEF obligations using the Zimswitch Enhanced Electronic Payments solution (ZEEPAY). To this end, member FIs are encouraged to immediately notify their customers i.e SMEs or Corporates to register and start making payments using the automated platform as this will aid in enhanced reconciliation process for ZIMDEF payments.
Benefits of making ZIMDEF payments using ZEEPAY
- The solution supports same day clearing and settlement of ZIMDEF transactions
- Inbuilt query and dispute management system.
- Promotes effective reconciliation of ZIMDEF transactions.
- Detailed audit trail, the system can account for every transaction being processed.
- ZEEPAY is the low-cost EFT solution.
How to pay
No registration is required for customers who are already registered on ZEEPAY and interested new customers should follow the bank’s onboarding process.