Mpesa Charges – Safaricom Mpesa Rates : Current Mpesa Tarrifs

Safaricom Mpesa Rates : Current Mpesa Tarrifs

Searching for Safaricom Mpesa charges, Mpesa Tariffs, or Mpesa Rates in Kenya?  M-Pesa has expanded its popularity across the globe and helping a lot of people in making their life better and easier. First, let’s understand what is M-Pesa? Many people in Kenya and across the world are using the platform and don’t know how Mpesa works.

What is M-pesa?

M stands for mobile and pesa is a Swahili word for money. M-pesa is simply a mobile phone-based money transfer application. M-Pesa enables the users to deposit, withdraw, transfer money and pay for goods and services through the mobile phone.

 

Mpesa service allows the registered user to deposit money into an account stored on their cell phones.  To be able to Withdrawal money from the mobile phone, visit Mpesa Agent; follow the simple instructions prompted on the phone which will require you to enter your personal pin in order to withdraw. To know the Mpesa Charges you can check on the Mpesa Withdrawal Charges Chart.

Mpesa users are normally charged a small fee for sending money and withdrawing money. There are no charges for depositing funds.

M-pesa Services or Products

M-pesa has many services that it offers its users. It enables users to:-
•    Deposit and withdraw money
•    Make Payment or Settle bills
•    Transfer money to other users (Mpesa Unregistered Users and Mpesa Registered Users)
•    Buy Goods and Services
•    Transfer money from the platform to banks or from banks to M-pesa
•    Purchase airtime

Safaricom Mpesa Charges: Mpesa Rates – Mpesa Tariffs

The Mpesa charges for sending money or mpesa charges for withdrawing money depends on the type of transaction you are undertaking or the amount of money being transacted. Mpesa Transaction Rates depends on the amount of money being transferred and whether the payee is Mpesa registered user or not.

Mpesa Charges Kenya or the mpesa charges list is a fixed amount for a given range of transaction amount; for instance Safaricom charges Kes 44 for a transaction to an unregistered user for a transaction between KSh 101-500.

One can send as little as Kshs 1 on M-PESA for free and make payments through buy goods and paybill for up to Kshs 100 for free. Above Kshs 100 Mpesa Charges Apply.

The maximum amount one can transfer to non-registered user of the system is Kshs 35,000. This is due to Know Your Customer / Anti Money Laundering policy set by the Central Bank of Kenya. The maximum amount one can transfer to a registered user is Kshs 70,000 per transaction.  Mpesa Charges are higher to send money to non-registered subscribers.

What is the maximum daily M-pesa transaction limit? The maximum daily M-pesa transaction limit is Ksh 140,000.

Therefore the Mpesa Tariffs increase as the amount increases or the actual cost is pegged on the amount transacted within the platform.

Send or withdrawal money stress-free and at affordable rates. Check the Mpesa rates for withdrawal or Mpesa transfer rates and know the amount you will be charged on the Mpesa Charges Chart.

Find the Current Safaricom Mpesa charges for sending and withdrawing money via Safaricom agent, ATM, and m-pesa tariffs when transferring money both to registered and un-registered m-pesa users.
Mpesa deposits are free. No Mpesa charges when buying Safaricom airtime through M-pesa.

Below are the Safaricom Mpesa charges, Mpesa Rates, Mpesa Tarrifs or Mpesa Transaction Rates.
The M-PESA charges depend on the amount of cash you are sending or withdrawing.

Safaricom Mpesa Withdrawal Charges from M-PESA Agent

Min(KSh) Max(KSh) M-PESA Charges
1 49 N/A
50 100 10
101 500 27
501 1,000 28
1,001 1,500 28
1,501 2,500 28
2,501 3,500 50
3,501 5,000 67
5,001 7,500 84
7,501 10,000 112
10,001 15,000 162
15,001 20,000 180
20,001 25,000 191
25,001 30,000 191
30,001 35,000 191
35,001 40,000 270
40,001 45,000 270
45,001 50,000 270
50,001 70,000 300

Safaricom Mpesa Transfer Charges to Unregistered Users

Min(KSh) Max(KSh) M-PESA Charges
1 49 N/A
50 100 N/A
101 500 45
501 1,000 49
1,001 1,500 59
1,501 2,500 74
2,501 3,500 112
3,501 5,000 135
5,001 7,500 166
7,501 10,000 205
10,001 15,000 265
15,001 20,000 288
20,001 25,000 309
25,001 30,000 309
30,001 35,000 309
35,001 40,000 N/A
40,001 45,000 N/A
45,001 50,000 N/A
50,001 70,000 N/A

Safaricom Mpesa Transfer Charges to Registered M-pesa Users

Min(KSh) Max(KSh) M-PESA Charges
1 49 FREE
50 100 FREE
101 500 6
501 1,000 12
1,001 1,500 22
1,501 2,500 32
2,501 3,500 51
3,501 5,000 55
5,001 7,500 75
7,501 10,000 87
10,001 15,000 97
15,001 20,000 102
20,001 25,000 105
25,001 30,000 105
30,001 35,000 105
35,001 40,000 105
40,001 45,000 105
45,001 50,000 105
50,001 70,000 105

Safaricom Mpesa Transfer to other mobile users : Telkom & Airtel

Min(KSh) Max(KSh) M-PESA Charges
1 49 FREE
50 100 FREE
101 500 6
501 1,000 12
1,001 1,500 22
1,501 2,500 32
2,501 3,500 51
3,501 5,000 55
5,001 7,500 75
7,501 10,000 87
10,001 15,000 97
15,001 20,000 102
20,001 25,000 105
25,001 30,000 105
30,001 35,000 105
35,001 40,000 105
40,001 45,000 105
45,001 50,000 105
50,001 70,000 105

Mpesa ATM Withdrawal Charges

Find Mpesa ATM Withdrawal charges. These Safaricom Mpesa rates for ATM Withdrawal will guide you on the amount you want to withdrawal from your M-pesa through ATMs

Mpesa transaction rates or Charges vary according to the amount of money you want to withdrawal from the ATM

Min(KSh) Max(KSh) M-PESA Charges
200 2,500 34
2,501 5,000 67
5,001 10,000 112
10,001 20,000 197

NOTE:

  • The Maximum Account Balance is KShs 100,000
  • To be able to transact with Mpesa, your Safaricom line and M-PESA account must be active
  • The Maximum Daily Transaction Value is KShs 140,000.Maximum per transaction is KSh 70,000
  • At an M-pesa agent, you cannot deposit money directly into another M-PESA customer’s account directly. You have to deposit the cash into your account first then transfer to the other person
  • One earns Bonga points when they transact on M-PESA.
  • To transact or register at any M-PESA Agent, you will be needed to identify yourself by producing your original identification document, that is National ID, Military ID, Passport, Diplomatic ID or Foreigner Certificate or Alien ID

Mpesa Charges Download

Mpesa Paybill Charges

Today we help you understand some of the ways in which your Mpesa paybill charges are calculated and the reason why some transaction may be cheaper and others expensive.

Since its inception mpesa has made the life of many people become easier in terms of money transfer and payment of bills. To date many business have acquired paybill number to enable their clients have better and easier option of clearing their bills.

Every time you carry out or pay through mpesa, there are certain mpesa paybill charges that you incur depending on the transaction you are carrying out. The charges you get depend on the mpesa paybill tariff the business has registered into.

Below we have looked into the type of mpesa paybill tariffs available to business opting to have lipa na mpesa account

  1. Business Mgao Tariff

This mpesa paybill tarrif normally splits mpesa paybill charges between the customer and business. Many business do not prefer this kind of tariff because it lead to other business expense that would lower their profit margins.

Chart for mpesa paybill charges: Business Mgao Tariff

Mpesa paybill Business Mgao Tariff
Min Max  Charges to Customer Charges to Business
1 49 0 0 0
50 100 0 0 0
101 499 22 0 22
500 999 22 0 22
1,000 1,499 22 11 33
1,500 2,499 22 11 33
2,500 3,499 33 22 55
3,500 4,999 33 22 55
5,000 7,499 33 50 83
7,500 9,999 33 50 83
10,000 34,999 33 77 110
35,000 49,999 44 154 198
50,000 70,000 55 165 220
  1. Business Bouquet Tariff

Under this tariff no charges are incurred by the business; the entire cost are paid by the customer hence higher mpesa paybill charges compared to Business Mgao Tariff. In most cases this is the most preferred kind of tariff

Chart for mpesa paybill charges: Business Bouquet Tariff

Mpesa paybill Business Bouquet Tariff
Min Max Customer Charges Business Charges Total
1 49 0 0 0
50 100 0 0 0
101 499 22 0 22
500 999 22 0 22
1,000 1,499 33 0 33
1,500 2,499 33 0 33
2,500 3,499 55 0 55
3,500 4,999 55 0 55
5,000 7,499 83 0 83
7,500 9,999 83 0 83
10,000 34,999 110 0 110
35,000 49,999 198 0 198
50,000 70,000 220 0 220
  1. Customer Bouquet Tariff

The last kind of mpesa paybill tariff is Customer Bouquet Tariff, in this tariff the businesses choose to incur all the cost, the customer bears no cost.  It is the least considered kind of tariff for most businesses

Chart for mpesa paybill charges: Customer Bouquet Tariff

Customer Bouquet Tariff
Min Max Customer Charges Business Charges Total
1 49 0 0 0
50 100 0 0 0
101 499 0 22 22
500 999 0 22 22
1,000 1,499 0 33 33
1,500 2,499 0 33 33
2,500 3,499 0 55 55
3,500 4,999 0 55 55
5,000 7,499 0 83 83
7,500 9,999 0 83 83
10,000 34,999 0 110 110
35,000 49,999 0 198 198
50,000 70,000 0 220 220

 

It is now easier to estimate the amount of mpesa charges you will get as per above described tariffs.