Airtel Kenya has revised its Airtel Money tariff structure, increasing the cost of sending money to other mobile networks and withdrawing cash through Airtel Money agents.
The updated charges leave Airtel-to-Airtel money transfers unchanged, with customers continuing to enjoy free transactions within the network.
However, users making transfers to other mobile money platforms will now pay higher fees across most transaction bands.
“We have waived all person-to-person transaction fees for Airtel Money customers across all the bands. Further to this, in boosting and supporting the SME and micro business enterprise, together with the Central Bank of Kenya, we have also revised the transaction limits for Airtel Money,” the telco stated
Under the new pricing, customers sending between Sh50 and Sh100 to another mobile network will pay a transfer fee of Sh7. Transfers ranging from Sh101 to Sh500 will now attract a charge of Sh13, while those sending between Sh501 and Sh1,000 will pay Sh23.
The revised tariffs also show significant increases for higher-value transactions. Customers transferring between Sh1,001 and Sh1,500 will now pay Sh33, while those sending between Sh1,501 and Sh2,500 will be charged Sh53.
For transfers valued between Sh2,501 and Sh3,500, the fee has been set at Sh57, rising to Sh78 for amounts between Sh3,501 and Sh5,000.
Customers sending between Sh5,001 and Sh7,500 will pay Sh90, while transactions ranging from Sh7,501 to Sh10,000 will cost Sh100. Transfers of between Sh10,001 and Sh15,000 will attract a fee of Sh110.
Airtel Kenya has also adjusted cash withdrawal charges at Airtel Money agents, with fees varying depending on the amount withdrawn.
Customers withdrawing between Sh50 and Sh100 will pay Sh11, while withdrawals ranging from Sh101 to Sh2,500 will attract a fee of Sh29. Those withdrawing between Sh2,501 and Sh3,500 will be charged Sh52.
The withdrawal fee increases to Sh69 for transactions between Sh3,501 and Sh5,000, Sh87 for amounts between Sh5,001 and Sh7,500, and Sh115 for withdrawals of between Sh7,501 and Sh10,000.
Customers withdrawing between Sh10,001 and Sh15,000 will now pay Sh167.
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