EcoCash Charges, Rates & Tariffs in 2022

EcoCash is a mobile payment solution that serves Econet customers in Zimbabwe. In this guide, you will discover a detailed list of all EcoCash charges, fees, rates, and tariffs.

EcoCash Tariffs and Limits

According to a report in The Herald, EcoCash increased daily and monthly transaction limits in March 2020. The monthly limit for subscribers not linked to a debit card rose from $10,000 to 20,000 while the daily limit expanded to $5,000.

Furthermore, monthly limits for customers linked to a debit card and a bank grew to $35,000 and $150,000 respectively. Additionally, the daily limit for debit card-linked customers increased to $10,000, and EcoCash customers in the executive grade category can now carry out monthly transactions of up to $250,000.

The table below indicates a breakdown of current EcoCash tariffs and limits.

Lower	Upper	Bill Payment	Send Money	Cash Out Registered	Pay Merchant
1	1.99	0.038	0.11	0	0.03
2	5	0.62	0.16	0.44	0.26
5.01	10	0.9	0.44	0.72	0.53
10.01	20	1.15	0.92	1.35	0.88
20.01	29.99	1.56	1.38	2.04	1.27
30	39.99	1.93	1.67	2.8	1.88
40.01	50	2.76	2.31	3.59	2.3
50.01	60	3.58	3.16	4.74	3.1
60.01	75	4.22	3.51	5.57	3.87
75.01	100	4.74	4.74	7.94	4.16
100.01	150	5.39	6.12	–	4.74
150.01	200	1.70%	7.23	–	5.01
200.01	299.99	1.70%	7.92	–	5.65
300.01	399.99	1.70%	8.4	–	6.45
400.01	500	–	9.53	–	7.11
500.01	600	–	1.80%	–	1.70%
600.01	700.005	–	1.80%	–	1.70%
700.01	800	–	1.80%	–	1.70%
800.01	900	–	1.80%	–	1.70%
900.01	1000	–	1.80%	–	1.70%

Other Limits

The charges and limits for other EcoCash transactions are as shown in the table below.

Transaction	Bottom Value	Top Value	Charge
Cash In	1	500
Cash Out Registered	1	100
Send Money to Registered Customer	1	5000
Send Money to Non-Registered Customer	1	500
Cash Out Unregistered	1	500
Airtime Top Up	2	500
Airtime	2	500	FREE
Cash In	1	500	FREE
Balance Enquiry	N/A	N/A	1.5
Account History	N/A	N/A	1.5
Change PIN	N/A	N/A	FREE
Bank to Wallet	1	1000	FREE
Bank Balance Enquiry	N/A	N/A	1.5
Bank Statement	N/A	N/A	1.5

EcoCash Biller, Merchant, and Bulk Rates

Billers are organisations that receive mobile payments for offering goods and services. Merchants receive mobile payments for over-the-counter transactions.

What’s more, customers can make bulk payments through EcoCash. An example of a bulk payment is paying employees’ salaries.

The tables below indicate the EcoCash charges for biller, merchant, and bulk transactions.

Min	Max	Bill Payment
1.01	5	0.27
5.01	10	0.39
10.01	20	0.56
20.01	30	0.75
30.01	40	1.04
40.01	50	1.27
50.01	75	2.05
75.01	100	2.71
100.01	150	2.96
150.01	200	3.10
200.01	300	3.37
300.01	500	1.2%
500.01	1,000	1.2%
1000.01	3,000	1.2%

Biller Rates

Lower	Upper	Tariff
1.00	1.99	0.02
2.00	5.00	0.16
5.01	10.00	0.32
10.01	20.00	0.49
20.01	30.00	0.71
30.01	40.00	1.05
40.01	50.00	1.55
50.01	60.00	1.91
60.01	70.00	2.27
75.01	100.00	2.32
100.01	150.00	2.7
150.01	200.00	2.81
200.01	300.00	2.84
300.1	400.00	2.84
400.01	500.00	2.84
500.01	600.00	1.60%
600.01	700.00	1.60%
700.01	800.00	1.60%
800.01	900.00	1.60%
900.01	1000.00	1.60%

Merchant Tariffs

Bottom Value	Top Value	Fee
1	150	0.55
151	300	0.45
301	450	0.40
451	600+	0.35

Bulk Payments Fees

EcoCash Services

Aside from mobile money payments, EcoCash also allows customers to link their digital wallets to their bank accounts. This means that they can transfer money from their bank accounts to their wallets to pay for goods and services.

Additionally, people living abroad can use EcoCash Diaspora to send money to their families in Zimbabwe. The payment solution has partnered with Western Union, WorldRemit, Cassava Remit, AfroCoin, MoneyGram, Mukuru, Call Home, and MTN Zambia to make this service a reality.

Customers using EcoCash can also do the following: