{"id":15112,"date":"2022-05-28T07:37:24","date_gmt":"2022-05-28T07:37:24","guid":{"rendered":"https:\/\/www.africa-press.net\/lesotho\/all-news\/econet-allows-airtime-conversion-to-ecocash"},"modified":"2022-05-28T08:16:14","modified_gmt":"2022-05-28T08:16:14","slug":"econet-allows-airtime-conversion-to-ecocash","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/lesotho\/all-news\/econet-allows-airtime-conversion-to-ecocash","title":{"rendered":"Econet allows Airtime conversion to EcoCash"},"content":{"rendered":"

Africa-Press – Lesotho. <\/strong><\/span>Econet Telecom Lesotho completed a circle of innovation by ultimately introducing airtime conversion to EcoCash wallet which is basically cash that buys commodities.<\/p>\n

This was revealed by Econet\u2019s acting General Manager: Econet Services, \u2018Makatleho Raphoolo at the product launch this week. Raphoolo mentioned that Econet first launched \u2018buy airtime with EcoCash\u2019 as one of the mobile<\/p>\n

money\u2019s basic functions in the year 2013 and could not complete the circle since airtime conversion involves cash handling which requires cautiousness.<\/p>\n

However, she said that the company has been working together with mobile money authorities to ensure that the introduction of airtime conversion to cash promotes the<\/p>\n

efficient operations of the payment system. \u201cAirtime conversion to EcoCash is another add-on to a full banquet of EcoCash services which offer convenience<\/p>\n

to customers since its launch over seven years ago\u201d said Raphoolo. \u201cWe are continuing to find innovative solutions, like this one, for our customers who sometimes find<\/p>\n

themselves in circumstances that require the use of money either to pay bills or send to love ones when they only have airtime in their accounts\u201d added<\/p>\n

Raphoolo \u201cthat\u2019s where this service comes in handy\u201d She also explained that though it\u2019s free to buy airtime using EcoCash, airtime to EcoCash comes at<\/p>\n

the minimal charge of twenty percent per transaction. Airtime conversion to cash poses a daily limit of M200 and a monthly limit of M2, 000 per customer.<\/p>\n

The subscriber can convert airtime in multiples of M10, that is, conversion can be made from M10 up to M200. The \u2018airtime to EcoCash\u2019 option is easily accessible on<\/p>\n

Econet\u2019s *100# menu under EcoCash and the subscriber must confirm the transaction before it can go through the process instantly. The conversion charges are<\/p>\n

deducted from the converting account which is the core airtime balance and this amount is included in the amount to be converted for the customer to authorize<\/p>\n

by pressing confirm. A confirmation short message service (SMS) will then be send to the customer confirming the transaction while the EcoCash wallet is<\/p>\n

credited with the amount requested. Subscribers can only convert airtime into their own EcoCash wallets. They cannot convert their airtime into other subscribers EcoCash wallets; however, once airtime conversion is successful,<\/p>\n

they can send money to friends and family from their EcoCash wallets. This service is available to prepaid mobile subscribers only and bonus airtime or free minutes cannot be converted into cash. Airtime Conversion steps:<\/p>\n

For More News And Analysis About Lesotho<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Lesotho. Econet Telecom Lesotho completed a circle of innovation by ultimately introducing airtime conversion to EcoCash wallet which is basically cash that buys commodities. This was revealed by Econet\u2019s acting General Manager: Econet Services, \u2018Makatleho Raphoolo at the product launch this week. Raphoolo mentioned that Econet first launched \u2018buy airtime with EcoCash\u2019 as […]<\/p>\n","protected":false},"author":84,"featured_media":15111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3,8,16],"tags":[233,246,412,245],"class_list":["post-15112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-community","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-lesotho","tag-ecocash","tag-lesotho"],"yoast_head":"\nEconet allows Airtime conversion to EcoCash - Lesotho<\/title>\n<meta name=\"description\" content=\"Econet Telecom Lesotho completed a circle of innovation by ultimately introducing airtime conversion to EcoCash wallet w ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/econet-allows-airtime-conversion-to-ecocash\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Econet allows Airtime conversion to EcoCash\" \/>\n<meta property=\"og:description\" content=\"Econet Telecom Lesotho completed a circle of innovation by ultimately introducing airtime conversion to EcoCash wallet w ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/lesotho\/all-news\/econet-allows-airtime-conversion-to-ecocash\" \/>\n<meta property=\"og:site_name\" content=\"Lesotho\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-28T07:37:24+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-28T08:16:14+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/05\/postQueueImg_20-6291da31f30e7.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"959\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/econet-allows-airtime-conversion-to-ecocash#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/econet-allows-airtime-conversion-to-ecocash\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Econet allows Airtime conversion to EcoCash\",\"datePublished\":\"2022-05-28T07:37:24+00:00\",\"dateModified\":\"2022-05-28T08:16:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/econet-allows-airtime-conversion-to-ecocash\"},\"wordCount\":423,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/econet-allows-airtime-conversion-to-ecocash#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/lesotho\/sites\/62\/2022\/05\/postQueueImg_20-6291da31f30e7.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Lesotho\",\"EcoCash\",\"Lesotho\"],\"articleSection\":[\"all news\",\"community\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/lesotho\/all-news\/econet-allows-airtime-conversion-to-ecocash#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/econet-allows-airtime-conversion-to-ecocash\",\"url\":\"https:\/\/www.africa-press.net\/lesotho\/all-news\/econet-allows-airtime-conversion-to-ecocash\",\"name\":\"Econet allows Airtime conversion to EcoCash - 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