Here’s How Much You’ll Be Charged On EcoCash After The Recently Effected 2% Tax

   

If you are living in Zimbabwe, you’re bound to know a thing or two about the recent 2% tax. You may have wondered how you will be charged if you are transacting using EcoCash – Zimbabwe’s most popular mobile money platform.

Here are the EcoCash charges revised to include the 2% tax:

These are the charges for sending money to registered customers

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Lower Value ($)Upper Value ($)EcoCash TarrifIMT Tax (%)Tax on lower value ($)Tax on upper value($)New Tarrif on Lower Value with Tax ($)New Tarrif on Upper Value with Tax ($)Cash Out Registered Tarrif ($)
1.001.990.060%0.000.000.060.06N/A
2.005.000.070%0.000.000.070.070.17
5.0110.000.160%0.000.000.160.160.26
10.0120.000.322%0.200.400.520.720.52
20.0130.000.482%0.400.600.881.080.78
30.0140.000.612%0.600.801.211.411.04
40.0150.000.782%0.801.001.581.781.30
50.0160.001.112%1.001.202.112.311.74
60.0175.001.152%1.201.502.352.652.00
75.01100.001.562%1.502.003.063.562.61
100.01150.001.962%2.003.003.964.963.04
150.01200.002.302%3.004.005.306.303.39
200.01300.002.342%4.00 6.006.348.344.22
300.01400.002.352%6.008.008.3510.354.26
400.01500.002.362%8.0010.0010.3612.364.30


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