Mobile money service provider Airtel Money has revised its per transaction limit to KES 250,000 from the previous KES 150,000 per transaction.
The change in the per transaction limit comes after successful engagements with the CBK and against the backdrop of the recent review of daily transaction limits from KES 300,000 to KES 500,000.
Transaction charges for this band shall remain similar to those that were previously charged in the KES 70,001 – KES 150,000 band. With the increase.
”Airtel Money customers will experience convenience as they will not have to go through the hassle of breaking large transactions into multiple smaller transactions,” Airtel said in a statement.
”The incorporation of the KES 150,001 – KES 250,000 band of transactions without any further transaction charges is part of our strive to empower our customers with flexible and personalized solutions while at the same time delivering to them exceptional value for their money. That signifies our commitment towards convenience and affordability,” said Airtel Money Kenya MD Anne Kinuthia-Otieno on the announcement of the revised per transaction limits.
This, the company says will be effective from 1st September 2023.