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Home » Banks stabilise after Paynet row

Banks stabilise after Paynet row

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FBC Holdings says banks have replaced bulk payments service Paynet with their own system, which is even better than the former. This comes as Payserv Zimbabwe (Payserv), the proprietors of Paynet, severed ties with local banks after a standoff over payment issues with the company demanding payment in foreign currency. “We had a situation where…

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