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Zimbabwe in Talks With Indian Payments Giant to Cut Costs

Original: Zimbabwe in Talks With India Payments Giant to Cut Costs

Zimbabwe is in talks with a major Indian payments company as it looks to reduce transaction costs in its financial system. Bloomberg reports the discussions, which come as the country seeks cheaper, more efficient digital payment infrastructure. Details of the negotiations, including the company's name and the scope of any deal, have not been disclosed.

Why now: News of Zimbabwe seeking cheaper payment infrastructure with an Indian firm has just been reported, drawing attention to the country's costly financial system.

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