EcoCash has announced new transaction fees that will come into effect on January 14th 2021. The last time the mobile money operator increased tariffs was August this year
Here are the new EcoCash transaction fees:
| Lower Value ZWL$ | Upper Value ZWL$ | IMT Tax (%) | Tax on lower value ZWL$ | Tax on upper value ZWL$ | Bill Payment (EcoCash Tariff ZWL$) | Sending money to registered user (EcoCash Tariff ZWL$) | Pay Merchant (EcoCash Tariff ZWL$) |
| 1.00 | 9.99 | 0% | 0.00 | 0.00 | 1.03 | 0.68 | 0.89 |
| 10.00 | 19.99 | 0% | 0.00 | 0.00 | 1.44 | 1.42 | 1.45 |
| 20.00 | 29.99 | 0% | 0.00 | 0.00 | 1.76 | 2.10 | 2.06 |
| 30.00 | 39.99 | 0% | 0.00 | 0.00 | 2.46 | 2.63 | 3.17 |
| 40.00 | 49.99 | 0% | 0.00 | 0.00 | 3.37 | 3.93 | 4.19 |
| 50.00 | 74.99 | 0% | 0.00 | 0.00 | 4.68 | 5.31 | 5.69 |
| 75.00 | 99.99 | 0% | 0.00 | 0.00 | 6.17 | 5.89 | 7.53 |
| 100.00 | 149.99 | 0% | 0.00 | 0.00 | 7.76 | 8.01 | 7.61 |
| 150.00 | 199.99 | 0% | 0.00 | 0.00 | 8.57 | 11.06 | 9.21 |
| 200.00 | 299.99 | 0% | 0.00 | 0.00 | 9.75 | 13.52 | 10.41 |
| 300.00 | 499.99 | 0% | 0.00 | 0.00 | 15.31 | 17.87 | 10.86 |
| 500.00 | 999.99 | 2% | 10.00 | 19.99 | 31.25 | 34.43 | 33.79 |
| 1000.00 | 1499.99 | 2% | 20.00 | 29.99 | 46.88 | 52.31 | 49.41 |
| 1500.00 | 1999.99 | 2% | 30.00 | 39.99 | 65.00 | 73.48 | 70.72 |
| 2000.00 | 2499.99 | 2% | 40.00 | 49.98 | 81.25 | 91.85 | 87.30 |
| 2500.00 | 2999.99 | 2% | 50.00 | 59.99 | 97.50 | 110.21 | 103.43 |
| 3000.00 | 5000.00 | 2% | 60.00 | 100.00 | 1.85% | 1.91% | 1.85% |
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I don’t even bother look at those figures. Before I even finish cramming them kkkk new figures are out. Swipe, Zipit, Ecocash in that order I am done. I focus more on making money rather than worrying about what I will charged when I transact.
Ecocash is charging more than those figures released in August. They take 5% for each transaction so i guess Mthulis tax is 2% and Econet takes 3%. These charges are evil but theres nothing anyone can do about it.
The poor will remain poor while the rich become richer. Exploitation of men by men.