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Sunday, November 29, 2020

MPesa Charges 2020: List of all M-Pesa Rates in Kenya

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This article summarizes all M-Pesa charges. Safaricom has revised their M-Pesa charges mainly because of the ongoing pandemic. They aim to cushion their users, given these are hard economic times.

M-Pesa charges will depend on the amount you are sending or withdrawing. You can use your M-Pesa menu to buy airtime for your phone, or for someone else. This service is free and you will only pay for the airtime purchased.

Transaction Charges

  • The maximum account balance is Ksh.300,000
  • The maximum daily transaction Value is Ksh.300,000.
  • The maximum per transaction is Ksh.150,000
  • You cannot withdraw less than Ksh.50 at an M-Pesa agent outlet
  • To transact, your Safaricom line and M-Pesa account must be active
  • At an agent outlet, you cannot deposit money directly into another M-Pesa customer’s account
  • You earn Bonga points when you transact on M-Pesa.
  • To register or transact at any M-Pesa agent outlet, you will be required to produce your original identification document, i.e., National ID, Passport, Military ID, or Alien ID/Foreigner Certificate.
M-Pesa is now also available for many digital services.
Today the online economy is relying on the fast service of M-Pesa and that will have a huge impact on e-commerce, such as online casinos and betting in Kenya.

Withdrawal M-Pesa Charges from M-PESA Agent

Min(Ksh.)Max(Ksh.)M-Pesa Charges
149N/A
5010010
10150027
5011,00028
1,0011,50028
1,5012,50028
2,5013,50050
3,5015,00067
5,0017,50084
7,50110,000112
10,00115,000162
15,00120,000180
20,00135,000191
35,00150,000270
50,001150,000300

Transfer to Unregistered Users

Min(Ksh.)Max(Ksh.)M-Pesa Charges
149N/A
50100N/A
10150045
5011,00049
1,0011,50059
1,5012,50074
2,5013,500112
3,5015,000135
5,0017,500166
7,50110,000205
10,00115,000265
15,00120,000288
20,00135,000309
35,00150,000N/A
50,001150,000N/A

Transfer to other M-Pesa Users

Min(Ksh.)Max(Ksh.)M-Pesa Charges
149FREE*
50100FREE*
101500FREE*
5011,000FREE*
1,0011,50026
1,5012,50041
2,5013,50056
3,5015,00061
5,0017,50077
7,50110,00087
10,00115,00097
15,00120,000102
20,00135,000105
35,00150,000105
50,001150,000105

Transfer to other Mobile Money Users

Min(Ksh.)Max(Ksh.)M-Pesa Charges
149N/A
50100N/A
10150011
5011,00015
1,0011,50026
1,5012,50041
2,5013,50056
3,5015,00061
5,0017,50077
7,50110,00087
10,00115,00097
15,00120,000102
20,00135,000105
35,00150,000105
50,001150,000105

ATM Withdrawal

Min(Ksh.)Max(Ksh.)M-Pesa Charges
2002,50034
2,5015,00067
5,00110,000112
10,00120,000197

 

Safaricom via M-Pesa has made mobile money transactions easy for Kenyans at affordable charges. The company also offers great transaction discounts, especially during the COVID-19 pandemic. Follow Bizna Kenya to know about M-Pesa and general Kenya News.

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