New M-Pesa transaction charges, Effective from July 1st 2018

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Safaricom has revised M-Pesa transaction charges upwards to meet the new tax obligations imposed by the government. The new rates are as follows:

Transaction Range (Kshs) Transaction Type and Customer Charges (Kshs)
Min Max Transfer to M-Pesa Users Transfer to Other Mobile Money Users Transfer to Unregistered Users Withdraw from M-Pesa Agent
1 49 FREE N/A N/A N/A
50 100 FREE N/A N/A 10
101 500 11 11 45 27
501 1,000 15 15 49 28
1,001 1,500 26 26 59 28
1,501 2,500 41 41 74 28
2,501 3,500 56 56 112 50
3,501 5,000 61 61 135 67
5,001 7,500 77 77 166 84
7,501 10,000 87 87 205 112
10,001 15,000 97 97 265 162
15,001 20,000 102 102 288 180
20,001 35,000 105 105 309 191
35,001 50,000 105 105 N/A 270
50,001 70,000 105 105 N/A 300

 

ATM Withdrawal will be billed as follows:

Transaction Range Customer Charge
Min Max
200 2,500 34
2,501 5,000 67
5,001 10,000 112
10,001 20,000 197

 

Safaricom has also capped the number of free transactions to 3. Thereafter transferring between Ksh. 1-49 will cost you Ksh. 1 and Ksh. 50-100 will cost you Ksh. 2.

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