Mpesa Transaction Charges 2023, (UPDATED)

Mpesa Transaction Charges 2023, (UPDATED)

Mpesa is a mobile money service that allows users to send, receive, and store money on their mobile devices. Mpesa transaction charges vary depending on the amount of money being sent, the type of transaction, and the destination of the transaction. Where would Kenya be without M-Pesa? That is a good question for another day. … Read more

Transactional Fee from Bank to M-Pesa in 2023

Transactional Fee from Bank to M-Pesa in 2023

Kenyan Banks will charge customers a transactional fee (plus excise duty of 20%) when moving funds from their bank to M-Pesa and Airtel Money mobile money wallets.  Mobile Money wallets will also charge fees when moving cash from the wallets to bank accounts. That means the zero-rated transfer of cash we’ve enjoyed is going away. 2023 is … Read more