Econet keeps reviewing the EcoCash transaction limits every time prices go up significantly. The latest increase in transaction limits has seen customers able to send up to $5 000 in one go, as well as pay bills of up to $10 000.
Send Money Limits
The maximum amount that can be sent at once on EcoCash is current $5 000. Previously, you could only send up to a maximum of $1 000 at once, which was very limiting even for personal transactions.
EcoCash bill payments are capped at $10 000 per transaction. This means you can now pay for your internet bill at once. That was impossible with the previous limit, which kept the maximum transaction amount at $2 000.
EcoCash Merchant Payment Transaction Limit
Merchant payments are also capped at $10 000. It’s a generous enough limit, only when looking at the current salaries. Otherwise, a modest television set costs way more than that. But then, it is what it is.
Daily and Monthly EcoCash Transaction Limits
EcoCash also imposes transaction limits per day and per month. These limits are not the same for everyone, but there are tiers. The limits depend on whether the account is linked to a debit card, to a bank account or not linked at all. Excluding Executive Grade customers, accounts that are attached to a bank account have the highest limit.
|Account||Daily Limit||Monthly Limit|
|Not linked||$5 000||$20 000|
|Linked to a debit card||$10 000||$35 000|
|Linked to a bank account||$25 000||$150 000|
|Executive Grade||$30 000||$250 000|
You can now pay for your DStv Account using your EcoCash. Stay home, go digital.