Safaricom Mpesa Charges: Mpesa Withdrawal Charges and Rates

Current Safaricom Mpesa charges for sending and withdrawing money through 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 are one of the ways to make money online from home

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 percent, 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.

mpesa charges 2020
mpesa charges 2020

Safaricom Mpesa Charges 2019

Min (Ksh)Max (Ksh)Transfer to other M-PESA UsersTransfer to Unregistered UsersWithdraw From M-PESA Agent
149FreeN/AN/A
50100FreeN/A10
101500114527
5011,000154928
1,0011,500265928
1,5012,500417428
2,5013,5005611250
3,5015,0006113567
5,0017,5007716684
7,50110,00087205112
10,00115,00097265162
15,00120,000102288180
20,00135,000105309191
35,00150,000105N/A270
50,00170,000105N/A300

Safaricom Mpesa Withdrawal Charges for ATM

Mpesa Transaction Range (Ksh)
Min (Ksh)Max (Ksh)Mpesa Charges
2002,50034
2,5015,00067
500110,000112
10,00120,000197

Other Safaricom Mpesa Transaction Charges

Mpesa TransactionMpesa Charges (Ksh)
Change M-PESA PIN22
All Deposits0/FREE
Register for M-PESA0/FREE
Buy Airtime0/FREE
Check M-PESA Balance1

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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