Mishma Chakanyuka, Staff Writer 
THE country’s sole national electronic funds switch and clearing house, Zimswitch, says it has helped reduce the cost of converting magnetic stripe cards to chip by developing the local Common Payment Application (CPA) and Common Payment Application Contactless Extension (CPACE) card profile in addition to collaborating with international schemes, which include the Zimswitch Mastercard EMV card. Our Staff Writer Mishma Chakanyuka (MC) spoke to the newly-appointed Zimswitch chief executive, Zebron Chilakalaka (ZC), about these developments. Below are excerpts of the interview:
MC: Congratulations on your appointment as the new chief executive, can you kindly share with us your vision for Zimswitch?
ZC: Our vision is for Zimswitch to play a big role in the digital economy as enshrined in the National Development Strategy (NDS1). We remain in a two-sided B2B model sitting between FIs that issue our cards and payment credentials and the end-users that consume our solutions.
Our strategic emphasis is on Zimswitch being a solutions-oriented company, thinking and dreaming of what could be ahead of time to better assist our member FIs, merchants and end users.
We are pivoting from being involved only in payments to being the ubiquitous factor in the movement of money from anybody to anybody in the country and beyond.
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