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CABS, one of the largest financial institutions in Zimbabwe, partnered with EFT Corporation to enhance its banking services and drive customer engagement by enabling cross-border payments and modern card functionality.

Challenge

CABS challenges:

  1. Low deposit activity due to limited services
  2. No ability to support or process cross-border transactions
  3. No existing infrastructure for international payments
Solution

CABS Issuing, powered by EFT Corporation.

Delivers a card issuing and processing solution designed to support both local and international payments. With our Issuing technology, CABS now delivers:

  1. Payment processing for seamless local and international transactions.
  2. Visa and Mastercard Card Issuance for global payment acceptance.
  3. Debit card Integration with T24 core banking system.
  4. Gateway services via MIP and VAP for secure and efficient payment routing.

By enabling cross-border payments and trusted global card brands, CABS encouraged customers to deposit funds and transact more actively, helping to grow its customer base and deepen financial inclusion.