Zimbabwe suspends use of Visa Cards

Zimbabwe’s largest bank has suspended the use of Visa cards in the country from January 15 as the economy struggles to cope with cash shortages.

Customers will however still be able to make transactions abroad. Daily limits at ATMs are set at $250(R 3439), $1000 (R13 758) for point of sale and $500 (R6880) for internet transactions.

 

Source : Asata &  www.sabc.co.za