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Potential Benefits: Lower Costs, Faster Transfers and Account‑to‑Account Payments

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News Analysis IndiaReporter
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October 10, 2026
11:20 AM
Potential Benefits: Lower Costs, Faster Transfers and Account‑to‑Account Payments

Reserve Bank of Zimbabwe Governor John Mushayavanhu said the UPI‑based platform could cut fees, speed up settlements and support cross‑border usage and remittances. Zimbabwe already processes millions of digital transactions, with about 87 % of them conducted via mobile money.

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