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Viyona Fintech Eyes Zimbabwe for Smartphone Payment Platform Rollout
M
Moneycontrol•14-10-2026, 13:55
Viyona Fintech Eyes Zimbabwe for Smartphone Payment Platform Rollout
- •Hyderabad-based Viyona Fintech is in discussions with the Zimbabwe government to introduce a smartphone-based payment acceptance platform called Viyona Tap & Pay.
- •The NFC-enabled SoftPOS solution allows compatible Android smartphones to function as contactless payment terminals, eliminating the need for expensive POS hardware.
- •Zimbabwe will serve as Viyona's first sub-Saharan African market, leveraging the country's high digital payment adoption for initial testing before regional scaling.
- •The proposed rollout aligns with discussions between the Reserve Bank of Zimbabwe and NPCI International Payments Ltd regarding India's UPI technology.
- •Commercial deployment of the platform remains subject to completing required payment network certifications and obtaining necessary regulatory approvals.
Key Questions Answered
Hyderabad-based Viyona Fintech is in talks with the Zimbabwe government to introduce Viyona Tap & Pay, an NFC-enabled SoftPOS solution that allows compatible Android smartphones to function as contactless payment terminals for small businesses without requiring dedicated card machines.
Yes, the Reserve Bank of Zimbabwe is in discussions with NPCI International Payments Ltd (NIPL) regarding the possible licensing of India's Unified Payments Interface (UPI) technology for the country's national payments infrastructure.
No, the proposed Zimbabwe expansion remains at the discussion stage, and Viyona has not yet announced a definitive agreement, commercial launch date, or financial commitments, with deployment subject to regulatory approvals.
