ecocash
ecocash loses case against RBZ

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

 

Leave a Reply