Here are Safaricom Mpesa Rates for transferring money to Mpesa users and Safaricom Mpesa Rates for withdrawing money from Mpesa Agents. Safaricom Mpesa Rates and Safaricom Mpesa tariffs mean the same thing. Some also refer to it as Safaricom Mpesa charges. There are 18 Million Mpesa Subscribers today.
Safaricom Mpesa Charges
The Safaricom Mpesa Charges are usually levied for sending money from one user to the other. Mpesa Charges also are incurred when one withdraws money from Safaricom Mpesa Agent. You should also expect Mpesa Charges when transacting on some of the Lipa na Mpesa Paybill numbers. Safaricom Mpesa transaction charges are always levied bank transactions. You will notice the same happening while paying for your KPLC bill, DSTV bills, NAIROBI WATER bill. The following are some of the important Safaricom Mpesa Charges you should know.
- M-PESA Registration: FREE
- All Mpesa Deposits: FREE
- Purchasing Airtime through M-PESA: FREE
- M-PESA Balance Enquiry: 1 KS
- Change M-PESA PIN: 22 KSh
Mpesa Transaction Charges
The Mpesa transaction charges tend to vary depending on the amount of money you withdraw. Therefore, it’s important to look at the Mpesa tariffs to avoid unnecessary Mpesa transaction charges. For instance, instead of withdrawing Ksh. 2600 which attracts Mpesa transaction charges of Ksh. 49. You should Withdraw Ksh 2500 which will cost you only Ksh 27. This is why knowing the Mpesa transaction charges is important as it will save you a lot from losing cash.
These Mpesa transaction fees also vary according to the mode of transfer. For instance, sending money to unregistered users attracts more MPesa transaction fees.
You can also use Mpesa to Pay your Loan Using HELB Mpesa Paybill Number.
Do Safaricom Mpesa Rates apply on Buying Airtime?
The Safaricom Mpesa rates do not apply to users when they buy airtime into their phones. Also when buying airtime for another Safaricom line, the Safaricom Mpesa rates do not apply.
If you would like to purchase data bundles to use for your internet you will not incur the Safaricom Mpesa rates or any m-pesa transaction fees. All these instances, you only pay for what you purchase.
Do Mpesa Tariffs apply on deposits?
Safaricom Mpesa Tariffs are not applicable to customers when depositing money on their account. However, Safaricom Mpesa Tariffs apply on transactions mentioned under Mpesa transaction charges or Mpesa transaction fees.
Condition’s that apply to Mpesa Rates
Apart from the Mpesa rates mentioned above, there are other Mpesa Terms and conditions. Below are the conditions of using Mpesa.
- The Maximum Account Balance allowed is KSh 100,000.
- Maximum Daily Transaction Value is KSh 140,000. Maximum per transaction is Ksh 70,000
- You cannot withdraw less than KSh 50 at an M-PESA agent outlet.
- To transact, your Safaricom line and M-PESA account must be active.
- At an agent outlet, you cannot deposit money directly into another M-PESA customer’s account.
- You earn Bonga points when you transact on M-PESA.
Safaricom Mpesa Charges |Mpesa Rates | Mpesa Tariffs
|Min (Ksh)||Max (Ksh)||Transfer to other M-PESAUsers||Transfer to Unregistered Users||Withdraw From M-PESA Agent|
Above are the new mpesa rates, Safaricom mpesa tariffs, Safaricom mpesa charges, Safaricom mpesa rates, mpesa transaction charges, m pesa transaction fees and mpesa withdrawal charges.
ATM Withdrawal New Mpesa Rates
|Mpesa Transaction Range (Ksh)|
|Min (Ksh)||Max (Ksh)||Mpesa Charges|
Mpesa Rates pdf
Here are the Safaricom Mpesa rates pdf link. Click the link below to download the latest Mpesa charges pdf. mpesa-rates-pdf-and-new-mpesa-rates-2016