New Mpesa Tariffs, 2018 Charges for Sending and withdrawal (Paybill and Agent)

Effective 1st July 2018 New Mpesa charges, rates were introduced by Safaricom. The new 2018 mpesa tariffs for sending or transferring, withdrawing or depositing money through Safaricom agents or paybill numbers have been highlighted below.

 

Why did Safaricom increase Mpesa Charges in July 2018?

June 2018 Budget statement read by CS Rotich increased excise duty on mobile money transactions through the Finance Bill, 2018 and The Provisional Collection of Taxes and Duties Act thus forcing Safaricom to review and consequently increase mpesa charges.

New Mpesa Charges on Withdrawals through Agents (Reviewed 2018)

This the amount it will cost you to withdraw money from any mpesa agent in Kenya with the new mpesa charges introduced on 1st June 2018 by Safaricom. The mpesa rates are for registered users.

 

Min(KSHs.) Max(KSHs.) M-PESA Charges
1 49 N/A
50 100 10
101 500 27
501 1,000 28
1,001 1,500 28
1,501 2,500 28
2,501 3,500 50
3,501 5,000 67
5,001 7,500 84
7,501 10,000 112
10,001 15,000 162
15,001 20,000 180
20,001 35,000 191
35,001 50,000 270
50,001 70,000 300

New Mpesa Charges for Paybill transactions (Reviewed 2018)

These are the new mpesa charges for paybill transactions only for the tariff where the business does not incur sending charges.

New 2018 Mpesa Charges for Paybill tariffs

New Mpesa Charges for Paybill transactions introduced in 2018/Photo

Summary of all New Mpesa Charges (Reviewed July 2018)

This is a summary of all the 2018 new charges for transferring money through mpesa for registered and unregistered users and for transferring to other mobile money users.

New Mpesa Charges 2018, transferring cost

All New Mpesa Charges 2018, transferring cost /Photo

A few points to note about Mpesa account and transaction limits

  • Maximum mpesa account balance one can hold is Ksh.100,000
  • Maximum amount you  can transact through mpesa in a day is ksh. 140,000
  • Maximum you can transact in a single install is Ksh. 70,000

More About Safaricom Limited Brands

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