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New Safaricom Mpesa Charges 2023

July 31, 2023

3 minutes

BUSINESS

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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)
MIN	MAX	TRANSFER TO M-PESA USERS,POCHI LA BIASHARA AND BUSINESS TILL TO CUSTOMER	TRANSFER TO OTHER REGISTERED MOBILE MONEY USERS	TRANSFER TO UNREGISTERED USERS	WITHDRAWAL FROM M-PESA AGENTS
1	49	FREE	FREE	N/A	N/A
50	100	FREE	FREE	N/A	11
101	500	7	7	47	29
501	1000	13	13	51	29
1001	1500	23	23	61	29
1501	2500	33	33	76	29
2501	3500	53	53	115	52
3501	5000	57	57	139	69
5001	7500	78	78	171	87
7501	10000	90	90	211	115
10001	15000	100	100	273	167
15001	20000	105	105	296	185
20001	35000	108	108	318	197
35001	50000	108	108	318	278
50 001	150 000	108	108	318	309

ATM WITHDRAWAL
TRANSACTION RANGE (KSHS)		CUSTOMER CHARGE
MIN	MAX	CUSTOMER CHARGE
200	2500	35
2501	5000	69
5001	10000	115
10001	35000	203

OTHER TRANSACTIONS	KSHS
All Deposits	FREE
M-PESA Registration	FREE
Buying Airtime through M-PESA	FREE
M-PESA Balance Enquiry	FREE
Change M-PESA PIN	FREE

		B2C TARIFF & ONE ACCOUNT B2C TARIFF
BANDS		CUSTOMER	BUSINESS	TOTAL
1	49	0	0	0
50	100	0	0	0
101	500	0	4	4
501	1,000	0	4	4
1,001	1,500	0	4	4
1,501	2,500	0	8	8
2,501	3,500	0	8	8
3,501	5,000	0	8	8
5,001	7,500	0	10	10
7,501	10,000	0	10	10
10,001	15,000	0	10	10
15,001	20,000	0	10	10
20,001	25,000	0	12	12
25,001	30,000	0	12	12
30,001	35,000	0	12	12
35,001	40,000	0	12	12
40,001	45,000	0	12	12
45,001	50,000	0	12	12
50,001	70,000	0	12	12
70,001	150,000	0	12	12

Note:

Maximum Account Balance is Kshs.300,000
Maximum daily transaction value is Kshs.300,000
Maximum amount per transaction is Kshs.150,000
The minimum amount you can withdraw at an M-PESA Agent is Kshs.50
To initiate M-PESA person to person self-reversal, send the transaction confirmation to 456
To be able to transact, your Safaricom line and M-PESA account must be active.
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.