New Safaricom Mpesa Charges 2023

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Safaricom has made changes to their MPESA charges for the year 2023.The changes came into effect on the month of July 2023.

To withdraw Ksh 1, 000, you are charged Ksh 29.If you want to withdraw Ksh 10,000 MPESA will charge you Ksh 167.The maximum withdrawal charges are Ksh 318 for Ksh 150,000.

Below are tables showing MPESA charges for the year 2023:

Below are M-PESA Tariffs.

TRANSACTION RANGE (KSHS)TRANSACTION TYPE AND CUSTOMER CHARGES (KSHS)
MINMAXTRANSFER TO M-PESA USERS,POCHI LA BIASHARA AND BUSINESS TILL TO CUSTOMERTRANSFER TO OTHER REGISTERED MOBILE MONEY USERSTRANSFER TO UNREGISTERED USERSWITHDRAWAL FROM M-PESA AGENTS
149FREEFREEN/AN/A
50100FREEFREEN/A11
101500774729
501100013135129
1001150023236129
1501250033337629
25013500535311552
35015000575713969
50017500787817187
7501100009090211115
1000115000100100273167
1500120000105105296185
2000135000108108318197
3500150000108108318278
50 001150 000108108318309
ATM WITHDRAWAL
TRANSACTION RANGE (KSHS)CUSTOMER CHARGE
MINMAX
                        200                      250035
                      2501                      500069
                      5001                    10000115
                    10001                    35000203
OTHER TRANSACTIONSKSHS
All DepositsFREE
M-PESA RegistrationFREE
Buying Airtime through M-PESAFREE
M-PESA Balance EnquiryFREE
Change M-PESA PINFREE
B2C TARIFF & ONE ACCOUNT B2C TARIFF
BANDSCUSTOMERBUSINESSTOTAL
           1          49000
         50        100000
       101        500044
       501     1,000044
    1,001     1,500044
    1,501     2,500088
    2,501     3,500088
    3,501     5,000088
    5,001     7,50001010
    7,501   10,00001010
  10,001   15,00001010
  15,001   20,00001010
  20,001   25,00001212
  25,001   30,00001212
  30,001   35,00001212
  35,001   40,00001212
  40,001   45,00001212
  45,001   50,00001212
  50,001   70,00001212
  70,001 150,00001212

Note:

  1. Maximum Account Balance is Kshs.300,000
  2. Maximum daily transaction value is Kshs.300,000
  3. Maximum amount per transaction is Kshs.150,000
  4. The minimum amount you can withdraw at an M-PESA Agent is Kshs.50
  5. To initiate M-PESA person to person self-reversal, send the transaction confirmation to 456
  6. To be able to transact, your Safaricom line and M-PESA account must be active.
  7. One can deposit funds only into M-PESA account registered under their own identification document (ID). Depositing directly into third party accounts is not allowed.

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