CABS customers are now able to send money to any mobile money number with a new service called Send-to-cell. The service is available on on CABS’ USSD banking platform which can be accessed by dialling *227#.
With Send-to-cell, CABS’ customers can send money to mobile money wallets of people who either have or don’t have a CABS account. But the recipient of the money has to create CABS’ Textacash account to be able to access and use the money. A receiver can create a Textacash account by dialling the same USSD code,*227#.
Cost of sending money with CABS’s Send-to-cell
The sender will be charged a fee of 3% of the value of the transfered money plus a 2% tax for transactions worth over ZWL$100.
How to send money with Send-to-cell
>Choose Option 4 for Send-to-cell
>Enter the number of the recipient of the money.
>Write the reason for sending the money.
>Enter your preferred amount that you want to send.
>Confirm by choosing “1”.
>After the money is successfully sent, the recipient will receive a message. If they don’t have an existing CABS account, then they can initiate a process of a creating Textacash account.