By Bernard Mutambudzi.

Zanu-PF Commissariat department is set to distribute its new electronic membership cards in the remaining provinces notably, Mashonaland Central, East, West and Matebeland South that will also function as debit cards after partnering with People’s Own Savings Bank (POSB).

The electronic membership card, which contains personal details, including mugs hot and electronic chips, will also be linked to the holders’ bank accounts to enable automated subscriptions.

POSB will be monitoring and authorizing all financial transactions performed using the debit cards. The exercise will be carried in the next 25 days.

The cards would remain pegged at $3.

The electronic membership cards are linked to POSB and will also function as debit cards. Once one purchases one, they would be able to use it for financial transactions. The debit cards would enable those from rural areas who were failing to open bank accounts to be able to do so, embracing the use of plastic money.

 Information gathered by Harare Post has it to that POSB will issue more Point of Sale (POS) machines in rural areas and enable people to transact using plastic money without travelling to urban centres.