Business - Companies & Markets - Local - Top Stories - August 26, 2021

EcoCash adjusts daily transactional limits

Zimbabwe’s largest mobile money service provider, Ecocash has adjusted its transactional limit from ZW$5 000 to ZW$20 000 effective 25 August 2021 at 18:00hrs.

Last year, in September the company put a seriously prohibitive ZW$5000 daily limit was on EcoCash subscribers.

Below is the full statement from EcoCash:

Dear Valued Customers
The EcoCash transaction limits for all Payment services have been adjusted to ZW$20,000 per transaction up from the previous ZW$5,000 per transaction. This adjustment will be effective today, 25 August 2021 at 18:00hrs. The Limit adjustment will cover the following services where a
customer will now be able to pay up to ZW$20,000 in a single transaction:
-Merchant Payments
-Bill Payments
-Airtime purchases
-ZESA payments
Send Money transaction limits remain unchanged at ZW$5,000
per transaction with the weekly limit also remaining unchanged
at ZW$35,000.

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