Paul Nyathi|Netone, has introduced zero-rated transactions on its OneMoney platform in its latest onslaught on its rival, Ecocash.

NetOne CEO Lazarus Muchenje announced on Monday that subscribers on Netone’s OneMoney service will only pay the statutory 2 per cent tax on transactions until December 31.

“We’ve introduced zero-rated transactions on all OneMoney transactions except the statutory 2 per cent tax and card swiping charges. This means that when you send money, there’s no fees; when you receive money there’re no fees; when you purchase airtime, there’ no fees; when you cash-out, there’re no fees; and when you buy at the shop using the merchant code, there’re no fees,” Muchenje told a news conference.

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