updated Mpesa Withdrawal and Sending Charges
This article is about updated Mpesa Withdrawal and Sending Charges. These are Mpesa’s new delivery and collection charges in Kenya as of today. Safaricom recently adjusted its rates to align with the revised excise duty in the Finance Act 2023/2024. M-Pesa is a mobile money transfer service that Vodafone launched in 2007 for Safaricom; the largest mobile network operator in the country. With Mpesa, Kenyans can send money across Kenya and around the world . In order to register or transact at any Mpesa Agent outlet, you will be required to present your original identification document, i.e. DNI, Passport, Military ID or National Identity Card/ID Card.
The maximum amount you can trade with Mpesa daily is Ksh 300,000; 150,000 Ksh per transaction.
The maximum amount you can hold in your Mpesa account is Ksh 300,000 while the minimum amount you can withdraw is Ksh 50.
updated Mpesa Withdrawal and Sending Charges Transaction Range Charges 1- 49 N/A 50 – 100 11 101- 500 29 501- 1,000 29 1,001- 1,500 29 1,501- 2,500 29 2,501 – 3,500 52 3,501- 5,000 69 5,001- 7,500 87 7,500- 10,000 115 10,0001- 15,000 167 15,001 – 20,000 185 20,001 - 35,000 197 35,0001 - 50,000 278 50,001- 150,000 309
2. Mpesa Transfer Charges For 2023/2024 (Registered users) Transaction Range Charges 1- 49 Free 50 – 100 Free 101- 500 7 501- 1,000 13 1,001- 1,500 23 1,501- 2,500 33 2,501 – 3,500 53 3,501- 5,000 57 5,001- 7,500 78 7,500- 10,000 90 10,0001- 15,000 100 15,001- 20,000 105 20,001- 35,000 108 35,0001- 50,000 108 50,001- 150,000 108
3. Pochi La Biashara Charges Transaction Range Charges 1- 49 Free 50 – 100 Free 101- 500 7 501- 1,000 13 1,001- 1,500 23 1,501- 2,500 33 2,501 – 3,500 53 3,501- 5,000 57 5,001- 7,500 78 7,500- 10,000 90 10,0001- 15,000 100 15,001- 20,000 105 20,001- 35,000 108 35,0001- 50,000 108 50,001- 150,000 108
4. Mpesa Transfer Charges To Other Mobile networks i.e Telkom and Airtel Transaction Range Charges 1- 49 Free 50 – 100 Free 101- 500 7 501- 1,000 13 1,001- 1,500 23 1,501- 2,500 33 2,501 – 3,500 53 3,501- 5,000 57 5,001- 7,500 78 7,500- 10,000 90 10,0001- 15,000 100 15,001- 20,000 105 20,001- 35,000 108 35,0001- 50,000 108 50,001- 150,000 108
5. Mpesa Transfer Charges To Unregistered Users Transaction Range
Charges 1- 49 N/A 50 – 100 N/A 101- 500 47 501- 1,000 51 1,001- 1,500 61 1,501- 2,500 76 2,501 – 3,500 115 3,501- 5,000 139 5,001- 7,500 171 7,500- 10,000 211 10,0001- 15,000 273 15,001- 20,000 296 20,001- 35,000 309 35,0001- 50,000 318 50,001- 150,000 318
6. Mpesa ATM Withdrawal Charges Transaction Range
Charges 200 – 2,500 35 2,501-5,000 69 5,001 – 10,000 115 10,001- 20,000 203