NEWS RELEASE 02 July 2016 TELECASH TARIFF
Telecash reduces tariffs to encourage plastic money use
Telecash, Telecel’s mobile money service, has announced a reduction in tariffs on the mobile financial platform. This is in line with recent efforts by authorities to encourage the use of electronic payments, mobile and plastic money to help ease the current cash shortage and improve financial inclusion.
The changes to the tariffs are across Telecash’s entire range of services and payment options, including cash-outs. The most notable and significant changes are the reduction of Telecash’s Gold debit card charges from a maximum of $2.95 down to only $0.45 while transactions of less than $2 are now free.