JazzCash has updated its Schedule of Charges starting September 2023 for Mobile Account Services as well as
JazzCash customers has started charging customers 0.50% + FED on cash deposit of Rs. 50 to Rs. 20,000, while a fee Rs. 100 + FED will be charged on deposits of Rs. 20,001 and above.
However, the cash deposit fee will only be charged when depositing money through JazzCash agents.
Here are the complete schedule of charges as posted by JazzCash on their website.
Mobile Account Services
1. General
| Product | Charges |
| Account in-activity fee (Applicable in case of no activity in account for 12 months) | Rs. 100 |
| Mini Statement | No Charges |
| Asaan Digital Account | Rs. 100 |
| Balance Check via USSD | 0.5 |
| USSD Platform Fee/ Transaction | Rs. 1 |
| In App BVS Pricing | Rs. 100 + Tax |
| Cash-In Pricing | Rs. 50 – 20,000: 0.5% Amount + Tax Rs. 20,001+: Rs. 100 + Tax |
2. Money Transfer
| Product | |
| Money Transfer from Mobile Wallet to CNIC | |
| Amount | Charges |
| 0 – 1,000 | Rs. 55 |
| 1,001 – 2,500 | Rs. 110 |
| 2,501 – 4,000 | Rs. 160 |
| 4,001 – 6,000 | Rs. 215 |
| 6,001 – 8,000 | Rs. 270 |
| 8,001 – 10,000 | Rs. 320 |
| 10,001 – 13,000 | Rs. 375 |
| 13,001 – 16,000 | Rs. 430 |
| 16,001 – 20,000 | Rs. 500 |
| 20,001 – 25,000 | Rs. 650 |
| Cash Out from Mobile Wallet | |
| Amount | Charges |
| 1-200 | Rs. 7 |
| 201-500 | Rs. 12 |
| 501-1,000 | Rs. 20 |
| 1,001-2,500 | Rs. 40 |
| 2,501-4,000 | Rs. 70 |
| 4,001-6,000 | Rs. 100 |
| 6,001-8,000 | Rs. 130 |
| 8,001-10,000 | Rs. 180 |
| 10,001-13,000 | Rs. 230 |
| 13,001-16,000 | Rs. 280 |
| 16,001-20,000 | Rs. 330 |
| 20,001-25,000 | Rs. 380 |
| 25,001-30,000 | Rs. 470 |
| 30,001-40,000 | Rs. 560 |
| 40,001-50,000 | Rs. 690 |
| Product | Charges |
| IBFT into Mobile Wallet | No Charges |
| Wallet to Wallet Money Transfer* | Rs. 10 per transaction on amount greater than Rs. 100 |
| **IBFT from Mobile Wallet | Free up to an aggregate sending amount of PKR 25,000 per month; subsequent transactions charged at 0.1% + Tax of the amount or PKR 200 + Tax (lower amount to be charged) |
| ***1Link Transaction Processing Fee | Rs. 1 per transaction on all transactions below 25K 0.02% of transaction amount on all transactions between 25K & 200K Rs. 40 on transactions greater than 200K – charges are inclusive of tax & as per 1Link SOC |
| Deposit Via Debit Card | 3% + Tax of Amount is Charged |
| Deposit Via Bank Account | 1.2% + Tax of Amount Charged |
*Money transfer charges from Wallet to Wallet are not applicable till further instructions from SBP on COVID-19 **IBFT
charges from Mobile Wallet are applicable till as per time to time instructions from SBP on COVID-19/any other special
notification.
*** A transaction processing fee will be recovered for all IBFT Mobile Wallet transactions as per 1-link SOC.
3. Bill Payment
| Product | Charges |
| Postpaid Bill Payment | No Charges |
| Prepaid Load | No Charges |
| Other Operator Prepaid Load through Mobile Wallet | No Charges |
| Internet Bill Payment | Rs. 599 |
| Utility Bill Payment | Rs. 5.00 (Incl. Tax) per bill for first 3 bill payments in a month. Rs. 20.00 (Incl. Tax) per bill after 3rd bill payment in a month. Rs. 30.00 (Incl. Tax) per bill after 9th bill payment in a month. Charges as per calendar month. |
4. Cards
| Product | Charges |
| PayPak Debit Card Issuance – With customer name and delivery | Rs. 999 |
| PayPak Debit Card Annual Fee | Rs. 299 |
| Re-carding Fee (Non EMV Card to PayPak Card) | Rs. 250 |
| Master Card Physical Card Issuance Fee | Rs. 799 |
| Master Card Physical Card Annual Fee (Applicable from Jan’24) | Rs. 99 |
| Master Card Physical Card Replacement Fee | Rs. 599 |
| Master Card Virtual Card Issuance Fee | Rs. 300 |
| Master Card Virtual Card Annual Fee | No Charges |
| *Cash Out from ATM | |
| Amount | Charges |
| 500 – 2,500 | Rs. 25 |
| 3,000 – 5,000 | Rs. 50 |
| 5,500 – 10,000 | Rs. 100 |
| 10,000 – 20,000 | Rs. 150 |
| >20,000 | Rs. 200 |
* Inclusive of 1-Link Charges
5. Insurance and Savings
| Product | Charges |
| Sehat Sahulat Annual | Rs. 999 |
| Sehat Sahulat Monthly | Rs. 83 |
| Beema Annual | Rs. 300 |
| Family Tahafuz Annual | Rs. 1999 |
| Family Tahafuz Monthly | Rs. 165 |
| Family Tahafuz Premium Annual | Rs. 4499 |
| Family Tahafuz Premium Monthly | Rs.370 |
| Mahfooz Mustaqbil | Rs. 549 |
| Income Protection Plan Annual | Rs. 1500 |
| Income Protection Plan Monthly | Rs. 124 |
| Bachat Account | Interest will be paid on applicable rates |
| Term Takaful | Rs. 1600 |
| Dost Muhafiz | Rs. 1160 |
| Dost Mufahiz Women Health | Rs. 2320 |
| Motorway Insurance | Rs. 140 |
6. Others
| Product | Charges |
| ReadyCash | Weekly fee will be charged on applicable rates |
| Donations | No Charges |
OTC Services
| Product | Charges |
| Cash Out From CNIC | No Charges |
| Money transfer from CNIC to Mobile Wallet | No Charges |
| Utility Bill Payment | No Charges |
| Postpaid Bill Payment | No Charges |
| Donations | No Charges |
| IBFT Outgoing from OTC/CNIC | |
| Amount | Charges*** |
| 0 – 1,000 | Rs. 35 |
| 1,001 – 2,500 | Rs. 50 |
| 2,501 – 4,000 | Rs. 65 |
| 4,001 – 6,000 | Rs. 80 |
| 6,001 – 8,000 | Rs. 90 |
| 8,001 – 10,000 | Rs. 105 |
| 10,001 – 13,000 | Rs. 120 |
| 13,001 – 15,000 | Rs. 130 |
| 15,001 – 20,000 | Rs. 165 |
| 20,001 – 25,000 | Rs. 200 |
| 25,501 – 30,000 | Rs. 250 |
| 3,0001 – 40,000 | Rs. 325 |
| 40,001 – 50,000 | Rs. 400 |
***Inclusive of 1-Link charges
JazzCash Business Account
Mobile Account Services
1. General
| Product | Charges |
| Account Registration | No Charges |
| Account Maintenance | No Charges |
| SMS Alerts for Every Transaction | No Charges |
| MPIN Creation | No Charges |
| MPIN Change | No Charges |
| Access to Mobile Account | No Charges |
| Balance Enquiry | No Charges |
| Mini Statement Mobile App/Online | No Charges |
| Email Statement via Mobile App/Online | No Charges |
| Balance Enquiry via 1-Link/M-NET ATM | Rs 3.13 |
2. Money Transfer
| Product | Charges |
| Send Money To Another JazzCash Mobile Wallet | No Charges |
| Receive Money from CNIC (CNIC to Business Account Transfer) | No Charges |
| Send Money to Any Bank Account* | Free up-to Rs. 50,000 per month, subsequent transactions charged at 0.1% or Rs.200 whichever is less |
| Receive International Remittance | No Charges |
| **IBFT from Mobile Wallet | Free up to an aggregate sending amount of PKR 25,000 per month; subsequent transactions charged at 0.1% + Tax of the amount or PKR 200 + Tax (lower amount to be charged) |
| ***Transaction Processing Fee | Rs. 1 per transaction on all transactions below 25K 0.02% of transaction amount on all transactions between 25K & 200K Rs. 40 on transactions greater than 200K – charges are inclusive of tax |
| Deposit Via Debit Card | 3% + Tax of Amount is Charged |
*IBFT charges from Mobile Wallet are applicable till as per time-to-time instructions from SBP on COVID-19/any other
special notification.
**IBFT charges from Mobile Wallet are applicable till as per time to time instructions from SBP on COVID-19/any other
special notification.
*** A transaction processing fee will be recovered for all IBFT Mobile Wallet transactions as per 1-link SOC.
3. Bill Payment
| Product | Charges |
| Mobile Top-Up for any operator | No Charges |
| Utility Bill Payment | Rs. 5.00 (Incl. Tax) per bill for first 3 bill payments in a month. Rs. 20.00 (Incl. Tax) per bill after 3rd bill payment in a month Rs. 30.00 (Incl. Tax) per bill after 9th bill payment in a month Charges as per calendar month |
4. Cards
| Product | Charges |
| MasterCard Debit Card Issuance fee for Merchants | Rs. 1 |
| PayPak Debit Card Issuance fee for Merchant | Rs. 899 |
| PayPak Debit Card Annual Fee | Rs. 299 |
| Debit Card PIN Creation / Change | No Charges |
OTC Services
1. Cash Deposit into Business Account
| Cash Deposit into Business Account | No Charges |
2. Payment Acceptance Service Charges on Business Account
| Use-case | Total FEE (Incl. FED) |
| Standard MDR on receiving QR/Till Payments | 1% |
| Standard MDR on In-coming IBFT | 2% |
| Standard MDR on receiving Funds from JazzCash Account | 2% |
3. Payment Acceptance Services via Online Payments Gateway
| Use-case | Total FEE (Incl. FED) |
| Cash Withdrawal from Business Account through ATM via 1Link | No Fee upto Rs. 50,000 then Rs. 23.44 per withdrawal |
4. Cash Withdrawal from Business Account through JazzCash Agent
| Amount | Charges |
| 1-200 | Rs. 7 |
| 201-500 | Rs. 12 |
| 501-1,000 | Rs. 20 |
| 1,001-2,500 | Rs. 40 |
| 2,501-4,000 | Rs. 70 |
| 4,001-6,000 | Rs. 100 |
| 6,001-8,000 | Rs. 130 |
| 8,001-10,000 | Rs. 180 |
| 10,001-13,000 | Rs. 230 |
| 13,001-16,000 | Rs. 280 |
| 16,001-20,000 | Rs. 330 |
| 20,001-25,000 | Rs. 380 |
| 25,001-30,000 | Rs. 470 |
| 30,001-40,000 | Rs. 560 |
| 40,001-50,000 | Rs. 690 |
5. Others
| Product | Charges |
| Instant Loans for Merchants | Daily Fee of 1% charged up to 28 days |
Note:
- Cash can only be withdrawn in multiples of 500 at ATM(s)
- Cash withdrawal charges will be deducted from your Mobile Wallet. There is no need to pay the charge in cash to the Agent
- Transaction limits are applicable
- All fees/charges are inclusive of FED
- ATM Cash Withdrawal charges are not applicable on corporate customers.
- 2 Free ATM withdrawals will be allowed for freelancers in a month when they receive remittance.
Are you using JazzCash services? Are you satisfied with the banking service or not? Let us kow in the comments below.
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