It has reduced some of its money transfer tariffs. This comes a little over a month after it also removed merchant payment fees.
Effective from the 1st of August 2016 the cost of an Ecocash to EcoCash transfer will range from 12 cents for the $1 minimum to $3 for the $500 maximum transfer amount.
The biggest reduction is for sending money to an unregistered EcoCash user. Tariffs for this have been lowered by as much as $6 (tariffs now range from $0 to $7.95 for the $500 maximum)
Despite the adjustment, EcoCash still maintains the highest fees for mobile money services, something that is usually overlooked by subscribers because of the value added services it provides (like extensive remittance services integration and MasterCard facilities) and its wide reach.
TechZim