Mobile banking services for Zain Zambia subscribers (Zambia)Zambia National Commercial Bank (Zanco) has ease payement procedures for its account holders. Zanco launched a mobile banking service dubbed Xapit. This mobile banking service allows its customers to make payments via cell phone. Zanaco managing director Mark Weissing, said that the facility will initially be made available only to the bank’s customers but will later be extended to over 2 million people who have mobile phones but no bank accounts. Weissing further said that Xapit enables mobile bill payments, airtime purchases and fund transfers. Only Zain Zambia subscribers can avail this service. The motive to rollout this service is to improve the business activities of the bank and its customers.
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