A comparison Zimbabwean mobile money tariffs

The local mobile money transfer market has been going through a number of changes with three players joining the fray in the past year. With such a field the most common area of competitive differentiation is pricing.

We have put together the list of mobile money transfer rates for the mobile payment services offered by the operators namely Ecocash, Telecash, OneWallet, and Nettcash.

A quick comparison shows how Netone’s OneWallet has the lowest tariffs. This advantage does however come with the drawback of a limited agent and merchant network which Netone seems to have tried to make up for by offering exclusive mobile money services such as the ZESA prepaid electricity payment option.

Nettcash, the latest entrant in mobile money has the highest tariffs here, although their network neutrality is the biggest advantage that might be considered as the greatest consolation for its users.

With these tariffs likely to be revised as these service providers’ market share changes competitive advantage is likely to be determined by service variety, bill payment options and convenience.

Below are three tables illustrating the different operators and their tariffs

Tariffs for sending to a user registered for the respective service 

AMOUNTS	SEND TO REGISTERED
$USD	ECOCASH	TELECASH	NETTCASH	ONEWALLET
1.00 – 1.99	0.14	0.07	0.04
2.00 – 5	0.14	0.13	0.15
5.01 – 10	0.24	0.20	0.25	1.5% of transaction value
10.01 – 20	0.44	0.34	0.50	1.5% of transaction value
20.01 – 30	0.64	0.54	0.74	1.5% of transaction value
30.01 – 40	0.84	0.74	1.00	1.5% of transaction value
40.00 – 50	1.84	0.94	1.24	1.5% of transaction value
50.01 – 75	1.54	1.24	1.80	1.5% of transaction value
75.01 – 100	2.00	1.55	2.45	1.5% of transaction value
100.01 – 150	2.50	2.05	2.70	1.5% of transaction value
150.01 – 200	3.00	2.55	3.40	1.5% of transaction value
200.01 – 300	4.05	3.55	4.35	1.3% of transaction value
300.01 – 400	4.35	3.95	4.75	1.0% of transaction value
400.01 – 500	4.54	4.04	4.80	0.9% of transaction value

 

 

Tariffs for sending to a recipient not registered for the same service

AMOUNTS	SEND TO UNREGISTERED
$USD	ECOCASH	TELECASH	NETTCASH	ONEWALLET
1.00 – 1.99		0.07	0.12
2.00 – 5	0.54	0.35	0.30
5.01 – 10	0.74	0.55	0.60	3% of transaction value
10.01 – 20	1.34	0.95	1.20	3% of transaction value
20.01 – 30	1.84	1.35	1.80	3% of transaction value
30.01 – 40	2.34	1.85	2.40	3% of transaction value
40.00 – 50	3.54	2.55	3.00	3% of transaction value
50.01 – 75	5.04	3.95	4.80	3% of transaction value
75.01 – 100	7.00	6.05	6.00	3% of transaction value
100.01 – 150	8.50	6.55	9.00	3% of transaction value
150.01 – 200	9.60	7.55	12.00	3% of transaction value
200.01 – 300	11.00	8.65	17.00 CAP	2.8% of transaction value
300.01 – 400	13.05	9.55	17.00 CAP	2.2% of transaction value
400.01 – 500	14.04	9.85	17.00 CAP	2% of transaction value

 

Cash-out tariffs for registered user

AMOUNTS	CASH OUT REGISTERED
$USD	ECOCASH	TELECASH	NETTCASH	ONEWALLET
1.00 – 1.99		0.08	0.04
2.00 – 5	0.20	0.15	0.15
5.01 – 10	0.30	0.25	0.25	1.5% of transaction value
10.01 – 20	0.60	0.50	0.50	1.5% of transaction value
20.01 – 30	0.90	0.75	0.74	1.5% of transaction value
30.01 – 40	1.20	0.95	1.00	1.5% of transaction value
40.00 – 50	1.50	1.25	1.24	1.5% of transaction value
50.01 – 75	2.30	2.05	1.80	1.5% of transaction value
75.01 – 100	3.05	2.55	2.45	1.5% of transaction value
100.01 – 150	3.50	2.95	2.70	1.5% of transaction value
150.01 – 200	3.90	3.45	3.40	1.5% of transaction value
200.01 – 300	4.85	4.04	4.35	1.5% of transaction value
300.01 – 400	4.90	4.45	4.75	1.2% of transaction value
400.01 – 500	4.95	4.55	4.80	1.1% of transaction value