Creditconnect Holdings Group subsidiary Tyche Connect Bureau de Change has launched an innovative domestic remittance service that allows customers to send and receive foreign currency instantly and securely across Zimbabwe.
The new service includes a pioneering mobile booking app, which enables recipients to schedule their preferred cash-collection time and location via WhatsApp – a first-of-its-kind solution in Zimbabwe.
Available at all 18 Crediconnect and Tyche Connect branches nationwide, with an expansion to partner agents already underway, Tyche Remit responds to the rising demand for convenient, accessible, and safe foreign-currency transfer solutions for families, businesses and individuals.
“Tyche Remit is a game-changer for Zimbabweans.Our mobile booking app puts customers first by giving them full control over when and where they collect their funds. This innovation reflects our dedication to improving convenience, safety and efficiency in the remittance space,” said Michael Nhete, Operations Manager at Tyche Connect.
To initiate a transfer, customers simply visit any Crediconnect or Tyche Connect branch. First-time users register with a phone number, residential address and national ID.
Once sent, funds are available instantly at any of the 18 branches. Recipients need only provide the reference number and their national ID, and can schedule their collection time using the Tyche Remit mobile booking app for an even smoother experience.
The launch of Tyche Remit is expected to boost formal remittance channels and ease USD transaction challenges faced by Zimbabwe’s largely unbanked population. It marks another bold step in Tyche Connect’s mission to bring inclusive financial services closer to communities across the country.
Tyche Remit expands Tyche Connect’s existing portfolio of financial solutions, which includes Bureau de Change services, Agency Banking, and other remittance offerings. Tyche Connect is licensed and regulated by the Reserve Bank of Zimbabwe (RBZ) as an Authorised Dealer with Limited Authority (ADLA
