Business
Ecocash Hikes Charges : Here Are The New EcoCash Tariffs Effective 1 August 2020
Ecocash has increased tariffs effective 01 August.
As the leading mobile money transfer platform, Ecocash hiked the charges for sending money and cashing out with effect from 01 August 2020.
In addition, EcoCash removed the charges for “Sending Money To Unregistered” and for “Cash Out”.
Below are the charges
| Bands | Use Cases | |||
|---|---|---|---|---|
| Lower | Upper | Bill Payment | Send Money | Pay Merchant |
| 1.00 | 9.99 | 1.03 | 0.68 | 0.89 |
| 10.00 | 19.99 | 1.44 | 1.42 | 1.45 |
| 20.00 | 29.99 | 1.76 | 2.10 | 2.06 |
| 30.00 | 39.99 | 2.34 | 2.50 | 3.02 |
| 40.00 | 49.99 | 2.93 | 3.42 | 3.64 |
| 50.00 | 74.99 | 4.07 | 4.62 | 4.95 |
| 75.00 | 99.99 | 5.36 | 5.12 | 6.54 |
| 100.00 | 149.99 | 6.75 | 6.96 | 6.61 |
| 150.00 | 199.99 | 6.97 | 8.99 | 7.49 |
| 200.00 | 299.99 | 7.93 | 10.99 | 8.46 |
| 300.00 | 499.99 | 12.50 | 14.59 | 8.86 |
| 500.00 | 999.99 | 25.00 | 27.54 | 27.03 |
| 1000.00 | 1499.99 | 37.50 | 41.85 | 39.53 |
| 1500.00 | 1999.99 | 50.00 | 56.52 | 54.40 |
| 2000.00 | 2499.99 | 62.50 | 70.65 | 67.15 |
| 2500.00 | 2999.99 | 75.00 | 84.78 | 79.56 |
| 3000.00 | 5000.00 | 1.85% | 1.90% | 1.85% |
OTHER LIMITS
| Lower | Upper Value | Fee/Charge | |
|---|---|---|---|
| Send Money to Registered Customer | 1 | 5000 | |
| Send Money to Non Registered Customer | 1 | 500 | |
| Airtime Top Up | 2 | 500 | |
| Airtime | 2 | 500 | FREE |
| Balance Enquiry | N/A | N/A | 1.5 |
| Account History | N/A | N/A | 1.5 |
| Change PIN | N/A | N/A | FREE |
| Bank to Wallet | 1 | 1000 | FREE |
| Bank Balance Enquiry | N/A | N/A | 1.5 |
| Bank Statement | N/A | N/A | 1.5 |
