Money

These are the 2016 M-Pesa Rates

BY Soko Directory Team · March 18, 2016 08:03 am

Safaricom’s M-Pesa service is one of the most popular and widespread mobile money transfer services in Kenya. Many people, however, are not aware of how much Safaricom charges for the various tranches of transactions available.

Below are the current rates for M-Pesa transactions done with an agent.

CUSTOMER CHARGES
TRANSACTION RANGE IN KSH		TRANSACTION TYPE AND CUSTOMER CHARGE IN KSH
MINIMUM	MAXIMUM	TRANSFER TO OTHER M-PESA USERS	TRANSFER TO UNREGISTERED USERRS	WITHDRAWAL FROM MPESA AGENT
10	49	1	N/A	N/A
50	100	3	N/A	10
101	500	11	44	27
501	1000	15	48	27
1001	1500	25	58	27
1501	2500	40	73	27
2501	3500	55	110	49
3501	5000	60	132	66
5001	75000	75	163	82
7501	10000	85	201	110
10001	15000	95	260	159
15001	20000	100	282	176
20001	25000	110	303	187
25001	30000	110	303	187
30001	35000	110	303	187
35001	40000	110	N/A	275
40001	45000	110	N/A	275
45001	50000	110	N/A	275
50001	70000	110	N/A	330

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Below are the M-Pesa rates for ATM withdrawals:

TRANSACTION RANGE
MIMIMUM	MAXIMUM	CUSTOMER CHARGE
200	2500	33
2501	5000	66
5001	10000	110
10001	20000	193

Article by Juma Fred.

About Soko Directory Team

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory