ZIPIT limits adjusted

ZimSwitch has announced an adjustment to the way its limits on the ZIPIT platform perform.

In a statement the  national electronic funds switch said that it would switch from a weekly to a monthly limit.

“Person-to-person weekly limit of ZWL$100,000 has been removed, and a new monthly limit is set at ZWL$400,000,” the company said.

That means one can use up the ZWL400,000 in one day, although that means they will not be able to transact for the rest of the month.

That said, “ZIPIT Person-to-person transaction limit remains at ZWL25,000 per transaction”.

As you were.

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