Today is Friday the 13th. No, actually it’s 8th of February when Safaricom said the new Mpesa rates would take effect. Safaricom announced that due to the tax directive from the newly gazetted finance bill in Kenya, Mpesa transaction rates from Kshs. 101 would go up 10%. The day is finally here.
See below the new rates:
| Customer Charges | |||||||
| Transaction Range (Ksh) | Transaction Type and Customer Charge (Ksh) | ||||||
| Min | Max | Transfer to other M-PESA Users |
Transfer to Unregistered Users | Withdrawal from M-PESA Agent |
|||
| 10 | 49 | 3 | N/A | N/A | |||
| 50 | 100 | 5 | N/A | 10 | |||
| 101 | 500 | 27 | 66 | 27 | |||
| 501 | 1,000 | 33 | 66 | 27 | |||
| 1,001 | 1,500 | 33 | 66 | 27 | |||
| 1,501 | 2,500 | 33 | 66 | 27 | |||
| 2,501 | 3,500 | 33 | 88 | 49 | |||
| 3,501 | 5,000 | 33 | 105 | 66 | |||
| 5,001 | 7,500 | 55 | 143 | 82 | |||
| 7,501 | 10,000 | 55 | 171 | 110 | |||
| 10,001 | 15,000 | 55 | 220 | 159 | |||
| 15,001 | 20,000 | 55 | 237 | 176 | |||
| 20,001 | 25,000 | 82 | 275 | 187 | |||
| 25,001 | 30,000 | 82 | 275 | 187 | |||
| 30,001 | 35,000 | 82 | 275 | 187 | |||
| 35,001 | 40,000 | 82 | N/A | 275 | |||
| 40,001 | 45,000 | 82 | N/A | 275 | |||
| 45,001 | 50,000 | 110 | N/A | 275 | |||
| 50,001 | 70,000 | 110 | N/A | 330 | |||
| ATM Withdrawal | |||||||
| Transaction Range (Ksh) | |||||||
| Min | Max | Customer Charge | |||||
| 200 | 2,500 | 33 | |||||
| 2,501 | 5,000 | 66 | |||||
| 5001 | 10,000 | 110 | |||||
| 10,001 | 20,000 | 193 | |||||
