Below is a table listing how much it’ll cost you to perform a transaction on Safaricom’s Mobile money platform, M-PESA in 2023. Here are the 2023 M-PESA charges.
MIN (Ksh) | MAX (Ksh) | TRANSFER TO MPESA USERS, POCHI LA BIASARA AND BUSINESS TILL TO CUSTOMER (Ksh) | TRANSFER TO OTHER REGISTERED MOBILE MONEY USERS (Ksh) | TRANSFER TO UNREGISTERED USERS (Ksh) | WITHDRAW FROM AN MPESA AGENT (Ksh) |
---|---|---|---|---|---|
1 | 49 | Free | Free | N/A | N/A |
50 | 100 | Free | Free | N/A | 10 |
101 | 500 | 6 | 6 | 45 | 27 |
501 | 1,000 | 12 | 12 | 49 | 28 |
1,001 | 1,500 | 22 | 22 | 59 | 28 |
1,501 | 2,500 | 32 | 32 | 74 | 28 |
2,501 | 3,500 | 51 | 51 | 112 | 50 |
3,501 | 5,000 | 55 | 55 | 135 | 67 |
5,001 | 7,500 | 75 | 75 | 166 | 84 |
7,501 | 10,000 | 87 | 87 | 205 | 112 |
10,001 | 15,000 | 97 | 97 | 265 | 162 |
15,001 | 20,000 | 102 | 102 | 288 | 180 |
20,001 | 35,000 | 105 | 105 | 309 | 191 |
35,001 | 50,000 | 105 | 105 | N/A | 270 |
50,001 | 150,000 | 105 | 105 | N/A | 300 |
Additionally, Safaricom is retaining the free M-PESA to Bank transactions, a measure that was brought in to encourage cashless transactions in a bid to curb the spread of Coronavirus.