Ecocash Agents Now Charging 100% For Cash-Out Since The Cash-In Cash-Out Ban – Report

Ecocash Agents in Harare have reportedly started charging a staggering 100% to patrons looking for hard cash from them. The agents are using ZIPIT, merchant lines, personal lines etc to perform cash-out transactions. One small business owner who confided to a WhatsApp group where Pricecheck is a participant  said:

For small businesses like mine which require hard cash, we rely on those Rogue Ecocash Agents. Banning Cash out has worsened the situation, where I had to pay an extra 35% commission to get my cash via cash out, the agents are now requiring 100 % i.e if i send him $100 into his Ecocash wallet or Zipit account he gives me $50 in hard cash…

Its reported people are charging 100% for notes and 80% for coins. The situation was exasperated by the RBZ ban on mobile cash-in and cash-out transactions. 

More: ZimPriceCheck

Quick NetOne, Telecel, Africom, And Econet Airtime Recharge

If anything goes wrong, click here to enter your query.

News On WhatsApp

Tap to join WhatsApp Group(no discussions)

If you find the group full, please notify us on +263 777 784 119 or +263 732 464 000.


Back to top

6 comments on “Ecocash Agents Now Charging 100% For Cash-Out Since The Cash-In Cash-Out Ban – Report

  1. If my mathematics is correct thats not 100% i think that one is fifty% if they charge hundred % they give you nothing .ndomafungiro anguwo.

  2. Are these still Ecocash Agents? They are just criminals not ecocash Agents. All ecocash agent are suspended period!

    1. 1. If 10% of $ 100.00 = $ 10 then, 50% of $ 100.00 = $ 50.00 so 100% of $ 100.00 obviously is $ 100.00, sir. Maybe my sums are wrong, I stand corrected.

Write a Comment

Your email address will not be published.