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4 thoughts on “Nedbank rolls out data-free mobile app as zero-rate revolution continues

  1. Are the banks paying Econet for the zero rating? I would like to think that they are amd it is more an Econet initiative whereby they get bulk payments from the banks (who have the cash) than from the bank clients (who don’t)

    1. Most likely yah. It’s been available in SA for years, you set up a website or app and then have the operator bill YOU for the data when your customers access your services. Zero rating is probably a misleading term – it’s not the same as with Econet’s own services where nobody pays: this time somebody IS paying, it’s only that it’s not the ordinary user but rather the publisher of the app/websites paying. It’s a just a modern variation on the age old “call us toll free” where the company would foot the bill if you called their special toll free number. This zero rating thing would be a perfect prize for those app startup competition – better than cash prizes that get burnt on fancy gadgets and lavish offices that the business can’t yet afford. Techzim it would be nice if you could dig deeper and find out what Econet charges for this service, how companies apply etc. I doubt they will be that secretive about it, I would love to know what data rates those banks get charged for “toll free.”

      1. Actually there are no fixed rates for a single client from econet. These are deals that are discussed between the bank and the services provider and each deal can be different depending on a very large number of factors. So I am sure techzim will have a hard time trying to get those as each deal is confidential between 2 parties

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