Patson Mahatchi

  • Business Briefs

    Stanbic Bank discontinues physical banking

    STANBIC Bank plans to discontinue physical operations at its Hwange and Westgate branches with effect from 31 December 2020 as it embraces digital banking solutions. This move follows a similar closure of Chitungwiza and Beitbridge branches last year. The two pending closures will leave the Standard Bank group subsidiary with 15 branches countrywide, down from 19 last year. The bank…

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  • Business Briefs

    Stanbic unveils “Tap and Go” debit cards/POS machines

    FINANCIAL services institution, Stanbic Bank Zimbabwe, says it is ready to launch contactless debit cards and POS machines as it forges ahead with its highly innovative technology advancement approach accelerated by the Covid-19 new normal. The bank’s head of personal and business banking, Mr Patson Mahatchi, said the “Tap and Go” debit cards and point of sale machines were symbolic…

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