The Zambia Industrial Commercial Bank – ZICB – in collaboration with Workers’ Compensation Fund Control Board – WCFCB – has unveiled the eWorkers digital payment solution to bridge the financial inclusion gap and foster local wealth creation in Zambia.
The launch of the Eworkers digital payment solution is pivotal to customers as they will be able to now access forms and easily make payments in the comfort of their homes as much as a contribution to the fund is concerned.
With the principal mission to support the commercialization and industrialization of the Zambian economy, ZICB is a leading commercial bank in Zambia and is regulated by the Bank of Zambia.
WCFB has over 42, 000 employees on its platform but only about 21, 000 are active, with this launch it will mean that a lot more employees will be captured and will be easily accessed in terms of services and products that the board offers.
Speaking during the launch attended by the Zambian Business Times – ZBT, WCFCB Chairman of the Board of Directors Emmanuel Mbambiko thanked ZICB for partnering with the board and for providing a unique solution to the challenge that the board has been facing.
Meanwhile, WCFCB Commissioner and Chief Executive Officer Patrick Siampwili said the launch of the worker’s digital payment solution will have a great impact on the business environment. “You may wish to know that Covid 19 taught us a lesson, it could not allow us physical engagements with our clients, and therefore business continuity was highly affected, with this solution business continuity is very much assured.”
And ZICB Board chairman Musonda Cheta the eWorkers digital payment solution, in collaboration with WCFCB, represents a commitment to the well-being and financial security of the backbone of the economy-the diligent workers who contribute tirelessly to the growth and prosperity of the nation. “ZICB, we believe that progress and innovation should go hand in hand with compassion and care.”
“The launch of eWorkers is a testament to our dedication to these deals. Through this groundbreaking platform, companies will be empowered to promptly compensate for accidents and illnesses suffered while fulfilling their professional duties.”
The ZICB Smartpay e-commerce platform, which has consistently pushed the boundaries of convenience and efficiency, now takes another giant leap forward by introducing eWorkers.
By extending our technological prowess to social security and compensation, we are playing a vital role in safeguarding the livelihoods of the very individuals who drive our economy forward.
“This launch isn’t just about technology; it’s about human progress. It’s about enhancing the lives of our workers, making sure their families are protected, that futures are secure, and that our society stands united in its commitment to the well-being of every citizen.” Remarked Mwanza.
“I would like to express my heartfelt gratitude to the dedicated teams at ZICB, WCFCB, and all our partners who have tirelessly worked to bring eWorkers to fruition on the ZICB SmartPay platform. Your dedication and unwavering commitment are the pillars. Upon which this momentous achievement stands.” He said.
“As we embark on this new journey, let us remember that progress is a collective endeavor. Let us continue to collaborate, innovate and strive for a future where every worker’s contribution is valued and protected. With eWorkers, we are not just launching a payment solution; we are setting a new standard for corporate responsibility and digital empowerment.”
This is in line with the Government’s agenda for the development of an inclusive digital ecosystem that drives business efficiency for economic development.
He said in this journey towards transformative progress, I would be remiss if I did not take a moment to extend our deepest gratitude to our esteemed partners at the Workers’ Compensation Fund Control Board (WCFCB).
“This endeavor would not have been possible without their unwavering support, collaboration, and shared vision for the welfare of our nation’s workforce. The dedication and enthusiasm that WCFCB has brought to this partnership have been instrumental in shaping the eWorkers solution into what it is today.”
He noted that WCFCB’S commitment to ensuring the well-being of workers through timely compensation for accidents and illness sustained during the course of employment aligns perfectly with our values at ZICB.
“On behalf of ZICB, I extend my heartfelt gratitude to WCFCB for their trust in us and dedication to this shared vision.it is through collaborative efforts like these that we can truly make a difference in the lives of the individuals who power our economy.”
He added that “Our partnership stands as a testament to what can be achieved when organizations unite for a noble cause, and I am excited to witness the positive impact that workers will have on the lives of our workers and their families.”
“As we embark on this new chapter, let us continue to build on the spirit of collaboration and innovation. Together with WCFCB and all our partners, we will pave the way for a future where technology not only empowers us but also safeguards our most precious asset-the hardworking individuals who drive our nation’s progress.”
“Our promise as ZICB is that, together with you, we will continue to create solutions that elevate lives, foster growth, and empower our nation.” He added.
