Ecocash Transaction Limits Have Been Reviewed

Ecocash, Zimbabwe’s largest mobile phone-based money transfer, financing and microfinancing service, has announced that transaction limits were reviewed this week. New limits are as follows:

a). Sending Money:

i). ZW$10 000 per transaction

ii). ZW$70000 per week or per day.

b). Merchant and Bill Payment

i). ZW$50 000 per transaction

ii). ZW$100 000 per week or per day.

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The review comes at the backdrop of soaring inflation.

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