With more than 64 percent market share in Kenya, safaricom is the obvious leader in the telco space. It has more than 30 million 30-day active M-PESA customers. Its mobile money market share is at 99.9 percent, which basically means it owns the space, whereas the rest, namely Airtel Money and T-Kash (Equitel is not counted as a mobile money product) are just as insignificant.


Treasury is planning to slash M-PESA fees in an annoucement that was made official by the CS of the Ministry of Finance Ukur Yatani. This, however, is a lobby that will be discussed widely by the industry, and is likely going to take a while before any sigfincant adjutsments are made.

That aside, here are all M-PESA and its associated charges for 2022:


Withdrawal from M-PESA Agent

MinMaxCharges
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
35,00150,001270
50,001150,000300

Transfer to Unregistered Users

MinMaxCharges
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
35,00150,001N/A
50,001150,000N/A

Transfer to other M-PESA Users, Pochi La Biashara and Business Till To customer

MinMaxCharges
149FREE
50100FREE
1015006
5011,00012
1,0011,50022
1,5012,50032
2,5013,50051
3,5015,00055
5,0017,50075
7,50110,00087
10,00115,00097
15,00120,000102
20,00135,000105
35,00150,001105
50,001150,000105

Transfer to M-PESA Customer

MinMaxCharges
149FREE
50100FREE
1015006
5011,00012
1,0011,50022
1,5012,50032
2,5013,50051
3,5015,00055
5,0017,50075
7,50110,00087
10,00115,00097
15,00120,000102
20,00135,000105
35,00150,001105
50,001150,000105

Transfer to Other Networks

MinMaxCharges
200250034
2501500067
500110000112
1000120000197

Other Charges

Other TransactionsCharges
All deposits0
M-PESA Registration0
Buying Airtime 0
Balance Inquiry0
Changing PIN0

Notes

  • Maximum Account Balance is KSHs.300,000
  • Maximum Daily Transaction Value is KSHs.300,000.Maximum per transaction is KSHs.150,000
  • You cannot withdraw less than KSHs.50 at an M-PESA agent outlet.

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Kenn Abuya is a friend of technology, with bias in enterprise and mobile tech. Share your thoughts, tips and hate mail at [email protected]

1 COMMENT

  1. The question I always ask myself how can you charge the sender and the receiver, can somebody answer me

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