Zimbabwean operator Econet says it is asking the Reserve Bank of Zimbabwe to be able to levy the Ecocash mobile money transfer fee on the sender only. This will mean that the person receiving the money will not pay anything but will get the full amount sent to them, the Zimbabwemail reported. Econet Services chief executive Darlington Mandivenga told a parliamentary ICT committee that the tariff is regulated by the central bank and there is an option where Econet can actually levy the whole charge on the sender.
Mandivenga said it is discussing this with the RBZ because the money usually comes from urban areas to rural areas where consumers need to receive the full amount sent to them. He said consumers on the Ecocash platform have been complaining that the tariff is levied on both the sender and the recipient, making it more expensive in Zimbabwe than in other countries. Mandivenga said consumers would be able to choose the option they want to use. He added that the fee does not benefit Ecocash but is meant to ensure that dealers remain viable.