Safaricom Mpesa Charges 2019: Mpesa Withdrawal Charges and Rates
Current Safaricom Mpesa charges for sending and withdrawing money though a Safaricom agent, ATM and M-pesa tariffs when transferring cash both to registered and non-registered Mpesa users. All Mpesa deposits are free. There are no Mpesa charges when buying Safaricom airtime through Mpesa.
Mpesa is one of the top ways to get paid online. The low Mpesa charges have helped freelance workers make money online from home. They get paid to write through part time jobs. Data entry home jobs is one of the ways to make money online from home (Read: Online Jobs in Kenya That Pay through Mpesa).
The many profitable business opportunities in Kenya have made mobile money payment popular. Mpesa registration is free and there are no charges when you generate your Safaricom Mpesa statement. However, Mpesa charges and rates went up a little in July 2018.
This is after Treasury CS Henry Rotich increased excise duty on all mobile money transfers by 2 per cent, to the current rate of 12%. According to the CS, some of the extra revenue that the Kenyan government will collect through this increase in tax will be used to provide support for social development programs. These include universal healthcare.
The new mobile money transfer tax came into effect on July 1st 2019, through the 2019 Finance Bill. Safaricom Kenya Mpesa transfer and withdrawal charges depend on the amount in the transaction. The maximum one can send using Mpesa is Ksh 70,000 per transaction. The maximum daily M-pesa transaction limit is Ksh 140,000. It costs a little more to send money to non-registered subscribers.
As indicated in the Mpesa charges table below, you can not withdraw less than Ksh 50 from an Mpesa agent but you can transfer any amount greater than Ksh 10 to another Mpesa user. Use the MPESA Rates calculator to get Mpesa fees for sending or withdrawing any amount. Here are the Safaricom Mpesa rates for 2019.
Safaricom Mpesa Charges 2019
Min (Ksh)
Max (Ksh)
Transfer to other M-PESA Users
Transfer to Unregistered Users
Withdraw From M-PESA Agent
1
49
Free
N/A
N/A
50
100
Free
N/A
10
101
500
11
45
27
501
1,000
15
49
28
1,001
1,500
26
59
28
1,501
2,500
41
74
28
2,501
3,500
56
112
50
3,501
5,000
61
135
67
5,001
7,500
77
166
84
7,501
10,000
87
205
112
10,001
15,000
97
265
162
15,001
20,000
102
288
180
20,001
35,000
105
309
191
35,001
50,000
105
N/A
270
50,001
70,000
105
N/A
300
Safaricom Mpesa Withdrawal Charges for ATM
Mpesa Transaction Range (Ksh)
Min (Ksh)
Max (Ksh)
Mpesa Charges
200
2,500
34
2,501
5,000
67
5001
10,000
112
10,001
20,000
197
Other Safaricom Mpesa Transaction Charges
Mpesa Transaction
Mpesa Charges (Ksh)
Change M-PESA PIN
22
All Deposits
0/FREE
Register for M-PESA
0/FREE
Buy Airtime
0/FREE
Check M-PESA Balance
1
NOTE:
Maximum Account Balance allowed is Ksh 100,000.
The 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.
To register or transact at any M-PESA Agent outlet, you will be required to produce your original identification document, i.e., National ID, Passport, Military ID, Diplomatic ID or Alien ID/Foreigner Certificate.
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