M-Pesa is a cell banking service that was established by one of many greatest cell phone operators in Kenya, Safaricom. It was launched in 2007. The customers of the M-Pesa platform can use it for providers comparable to sending and receiving cash and storing cash via their cell phones. Study the tables under to find out about MPESA fees in 2023, adjustments to previous plans, new tariffs, transaction charges, M-PESA withdrawal fees, and different M-Pesa price updates.
M-Pesa capabilities by offering a SIM card to its customers. The SIM card must be inserted into the cell phone to make use of the platform.
Present M-Pesa Withdrawal Expenses (KSh)
M-Pesa has renewed the withdrawal fees. The brand new M-PESA withdrawal fees are as follows:
Though a consumer can not withdraw under KSH 50 at an agent outlet of M-Pesa.
Min
Max
M-Pesa Expenses (KSh)
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
35,000
191
35,001
50,000
270
50,001
150,000
300
M-Pesa Sending Expenses 2023 For Unregistered Customers
Right here is the M-Pesa sending cost:
Min KSh
Max KSh
M-Pesa Expenses
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
35,000
309
35,001
50,000
N/A
50,001
150,000
N/A
MPesa Expenses Issued For Sending Cash To M-Pesa Customers
The under desk accommodates the Mpesa fees chart 2023 that will be implied to ship cash to M-Pesa customers
Minimal Ksh
Most Ksh
M-PESA Expenses
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
35,000
105
35,001
50,000
105
50,001
150,000
105
M-Pesa Transactions Charges 2023: Withdrawals By way of ATM
The next can be charged when an ATM withdrawal is made:
Minimal Ksh
Most Ksh
M-PESA Expenses
200
2,500
34
2,501
5,000
67
5,001
10,000
112
10,001
20,000
197
Fairness Financial institution to M-Pesa, Airtel Cash Expenses
Quantity (KES)
To M-PESA
To Airtel Cash
1 – 100
0
0
101 – 500
10
11
501 – 1,000
12
13
1,001 – 1,500
14
20
1,501 – 2,500
23
25
2,501 – 3,500
33
35
3,501 – 5,000
43
45
5,001 – 7,500
55
55
7,501 – 20,000
65
65
20,000 – 150,000
67
65
NCBA to M-PESA, Airtel Cash Expenses
Quantity (KES)
To M-PESA
To Airtel Cash
1-100
0
0
101-500
10
11
501-1000
12
18
1001-1500
14
20
1501-2500
23
25
2501-3500
33
35
3501-5000
43
45
5001-7500
55
55
7501-20,000
65
65
20,001-150,500
67
65
I&M Financial institution to MPESA Expenses2023
Quantities (KES)
Expenses
1-100
0
101-500
10
501-1000
12
1001-1500
14
1501-2500
23
2501-3500
33
3501-5000
43
5001-7500
55
7501-20,000
65
20,001-150,000
65
KCB to M-PESA Transaction Expenses 2023
Quantity(KES)
Expenses
1 – 100
Free
101 – 500
11.20
501 – 1,000
13.60
1,001 – 1,500
16
1,501 – 2,500
26
2,501 – 3,500
38
3,501 – 5,000
50
5,001 – 7,500
64
7,501 – 20,000
76
20,001 – 150,000
78
Airtel Cash Transaction Expenses: From Nationwide Financial institution to M-PESA
Quantity(KES)
To M-PESA
To Airtel Cash
1 – 100
0
0
101 – 500
10
11
501 – 1,000
12
13
1,001 – 1,500
14
20
1,501 – 2,500
23
25
2,501 – 3,500
33
35
3,501 – 5,000
43
45
5,001 – 7,500
55
55
7,501 – 20,000
60
60
20,000 – 150,000
67
65
Household Financial institution to M-PESA, Airtel Cash Expenses
The next can be the Mpesa fees chart when transferred from Household Financial institution to Mpesa
Quantity (KES)
To M-PESA
To Airtel Cash
1 – 100
0
0
101 – 500
10
11
501 – 1,000
12
13
1,001 – 1,500
14
20
1,501 – 2,500
23
25
2,501 – 3,500
33
35
3,501 – 5,000
43
45
5,001 – 7,500
55
55
7,501 – 10,000
55
55
10,001 – 15,000
65
65
15,001 – 20,000
65
65
20,001 – 150,000
67
65
Stanchart Financial institution to Cellular Cash Expenses
Quantity (KES)
To Cellular Cash
1 – 100
0
101 – 500
11
501 – 1,000
15
1,001 – 1,500
18
1,501 – 2,500
25
2,501 – 3,500
35
3,501 – 5,000
47
5,001 – 7,500
57
7,501 – 20,000
67
20,000 – 150,000
70
Diamond Belief Financial institution to MPesa Expenses 2023
Quantity (KES)
To Cellular Cash
1 – 100
0
101 – 500
11
501 – 1,000
15
1,001 – 1,500
18
1,501 – 2,500
25
2,501 – 3,500
35
3,501 – 5,000
47
5,001 – 7,500
57
7,501 – 20,000
67
M-Pesa Expenses For Different Transactions:
Different Transactions
M-Pesa Expenses
All deposits
FREE
M-Pesa Registration
FREE
Purchase Airtime via M-Pesa
FREE
M-Pesa Steadiness Inquiry
FREE
Change M-Pesa PIN
FREE
M-Pesa PayBill Tariff Expenses:
Transaction Bands
Present
New
15.27
0
15.27
0
15.27
4
15.27
4
22.4
4
22.4
8
22.4
8
22.4
8
22.4
10
22.4
10
22.4
10
22.4
10
22.4
12
22.4
12
22.4
12
22.4
12
22.4
12
22.4
12
22.4
12
22.4
12
M-PESA to Enterprise Tariff (C2B):
Present
New
1
0
2
0
23
4
23
9
35
14
35
19
56
24
56
33
85
40
85
46
113
55
113
60
113
65
113
70
113
80
202
96
202
100
202
105
210
105
210
105
Factors to be remembered
The utmost worth that may be transacted in a day is kshs. 300,000.
Most quantity that may be despatched or obtained in every transaction is kshs. 150,000
The stability of an account mustn’t exceed kshs. 300,000.
To provoke a person-to-person self-reversal in M-Pesa, ship a transaction affirmation to 456.
Additionally examine: Finest Fast Loans With out Safety In Uganda
