Techzim

Zimbabwe and regional technology news and updates

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RECHARGE


EcoCash ZW$5,000 daily limit relaxed but new restriction added

Back in September a seriously prohibitive ZW$5000 daily limit was placed on EcoCash subscribers. The huge blow disincentivised people from using EcoCash since it meant one simply couldn’t make certain basic payments using the mobile money service. EcoCash and OneMoney have announced that the limit will be getting relaxed – from ZW$5000/day to ZW$35 000/week. […]


Beware! Scammers promising to upgrade daily EcoCash account limits

The RBZ recently placed stricter regulations on mobile money service providers. You may have heard that you can no longer transact over ZW$5000 daily. Interestingly, we came across a WhatsApp message that we believe is a scam. It claims that you can actually upgrade your EcoCash account and once you have done so you’ll be […]


EcoCash limits transactions to $5000 per day

In accordance with the Reserve Bank of Zimbabwe’s Monetary Policy Statement on Friday EcoCash put out the following press release: EcoCashNotice to All EcoCash CustomersDear Valued CustomersPlease be advised that we have received a directive from the Reserve Bank of Zimbabwe to the following effect; 1. Transactions by all individuals shall be pegged at a […]


EcoCash Increases Transaction Limits

EcoCash has decided to increase its transaction limits from the previous maximum of RTGS $500 to a new maximum of RTGS$1000. That means you can now send money or make a payment of RTGS$ 1000, for instance, in one transaction rather than doing two transactions of RTGS$500 and RTGS$500 separately so that you send RTGS$ […]