Service Fees

Our Service Fees are unbeatable

Zimswitch charges the following fees per transaction

ITEM DESCRIPTION OF FEES INCLUDING VAT AMOUNT
  US$
  1. ATM 
a. ATM Switch Fees                0.30
b. ATM Balance Enquiry – Switch Fees                0.08
c. Insufficient Funds Fee – Switch Fees                0.12
 
  1. POS
d. POS switch fees for purchases under $10 0.10
e. POS Balance Enquiry – Switch Fees 0.08
f. POS switch fees for purchases over $10 0.45
g. Insufficient Funds Fee – Switch Fees 0.12

 

3. ZIPIT
h. ZIPIT – Credit Push Transfers – Switch Fees 0.20
i. ZIPIT – Remittance to a Cellphone 0.20
4. VPAYMENTS
j. VPayments – mCommerce (Internet) Purchase 0.20

NB: Individual Banks have separate charges for their clients