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MPesa Rates: Cost of Using M-Pesa Services in Kenya.
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Maishah Marsdenhttps://shopinkenya.com/
Maishah Marsden is the founder of Shopaxo(ShopInKenya.Com) and TechMag( TechMag.Co.Ke)Blog. He is a top Kenyan blogger causally called by his peers as "Life'. If he is not writing your favorite articles, he is with his family. He loves sport and won't mind going on Safari anytime.

These Mpesa rates in Kenya were effective in 1st June 2018 and were announced by Safaricom.

In this article, I will be able to answer the following questions that most M-Pesa users are asking or looking for.

Here are the top three questions that M-Pesa users’ need answers to.

  1. What is the cost of sending Money to a registered user?
  2. What is the cost of withdrawing money?
  3. What is the cost of Transferring Money from M-Pesa to Airtel Money?
  4. What is the cost of transferring Money from M-Pesa to T-Kash?
  5. What is the cost of transferring M-Pesa to Unregistered users?
  6. What is the cost of withdrawing M-Pesa at the ATM?

Luckily for you I have the answers right below. Let us have a look.

New MPesa Rates in Kenya.

1. Cost of Sending Money to Registered M-Pesa Users (2019)

Min(KSHs.)Max(KSHs.)M-PESA Charges
149Free
50100Free
10150011
5011,00015
1,0011,50026
1,5012,50041
2,5013,50056
3,5015,00061
5,0017,50077
7,50110,00087
10,00115,00097
15,00120,000102
20,00125,000105
25,00130,000105
30,00135,000105
35,00140,000105
40,00145,000105
45,00150,000105
50,00170,000105

2. Withdrawal Cost at M-Pesa Agents(2019)

Min(KSHs.)Max(KSHs.)M-PESA Charges
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
20,00125,000191
25,00130,000191
30,00135,000191
35,00140,000270
40,00145,000270
45,00150,000270
50,00170,000300

3. Cost of transferring Money from M-Pesa to Airtel Money( 2019).

Min(KSHs.)Max(KSHs.)M-PESA Charges
149Free
50100Free
10150011
5011,00015
1,0011,50026
1,5012,50041
2,5013,50056
3,5015,00061
5,0017,50077
7,50110,00087
10,00115,00097
15,00120,000102
20,00125,000105
25,00130,000105
30,00135,000105
35,00140,000105
40,00145,000105
45,00150,000105
50,00170,000105

4. Cost of transferring from M-Pesa to T-Cash( Telkom Cash) 2019.

Min(KSHs.)Max(KSHs.)M-PESA Charges
149Free
50100Free
10150011
5011,00015
1,0011,50026
1,5012,50041
2,5013,50056
3,5015,00061
5,0017,50077
7,50110,00087
10,00115,00097
15,00120,000102
20,00125,000105
25,00130,000105
30,00135,000105
35,00140,000105
40,00145,000105
45,00150,000105
50,00170,000105

5. Cost of sending M-Pesa to unregistered users (2019)

Min(KSHs.)Max(KSHs.)M-PESA Charges
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
20,00125,000309
25,00130,000309
30,00135,000309
35,00140,000N/A
40,00145,000N/A
45,00150,000N/A
50,00170,000N/A

6. Cost of withdrawing M-Pesa at the ATM( 2019)

Min(KSHs.)Max(KSHs.)M-PESA Charges
2002,50034
2,5015,00067
5,00110,000112
50120,000197

What you need to know about transacting on M-Pesa in 2019.

 

Even as we talk about Mpesa rates, there are a few things you need to know. Though there a few things that have changed, much remains the same.

Have a look.

  1. Your M-Pesa wallet can hold upto a maximum of Ksh. 100,000.00.
  2. You can send a maximum Ksh. 140,000.00. However you need to do this in two transactions of Ksh.70,000.00 each.
  3. The minimum you can send at Ksh. 50.00.
  4. You cannot deposit directly to someone else’s M-Pesa Wallet.
  5. Nowadays M-pesa will not ask for a physical ID card, but will enter your id number to complete the transaction.
  6. M-Pesa transactions, earn you bong points.
  7. With Fuliza, you do not have to worry about the money in your wallet. You can borrow from Fuliza to complete the transaction.
  8. With Mpesa global, you can send and receive money to other countries.

Conclusion.

Today we cannot do without M-Pesa for we do almost all our transactions on phone. I did write about Mpesa App and how smartphones are changing the way we transact on Mpesa.

But do we really have to worry about Mpesa rates with the introduction of Fuliza?

I leave that to you to decide.

Happy M-Pesaring!

Mpesa rates 2-min





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1 COMMENT

  1. Good article! Thanks for sharing. Regarding mobile loans in Kenya, do you know that
    there is a new player in town? It’s called Zenka.

    Zenka is a mobile loan platform on Android and iOS which also supports USSD.
    Just in two months after launch in December 2018 Zenka jumped into top 5 most popular financial apps in Kejya (according to Google Play Store and SimilarWeb.com)
    and became top1 trending financial mobile apps. Check it out and share your thoughts
    Thanks and keep up good work!

Leave a Reply

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