BUSINESSNews

Airtel Money reduces its Paybill and wallet to bank charges


Airtel Money Kenya has today reduced its Paybill, bulk payment and wallet-to-bank charges as it seeks to drive affordability for its customers.

In the new changes, Airtel Money’s Paybill and Wallet to Bank charges are lower than the current market rates in each tariff band.

With most of the Government services being accessed and paid for digitally, Airtel says Kenyans will highly welcome the reduction in the Paybill transaction charges as they pay for e-citizen services through Airtel Money while enjoying lower transaction costs.

The revised charges will apply to all Airtel Money customers. Besides the reduced Paybill charges, Airtel Money customers will still continue to enjoy Zero charges on utility bills payments such as electricity.

“This move reaffirms our continuous commitment to supporting our customers, especially with the prevailing economic challenges. Airtel Money will continue providing flexible and personalized solutions while at the same time delivering exceptional services and value for their money.” Said Airtel Money Kenya MD Anne Kinuthia-Otieno.

The announcement comes just a few weeks after the telco also revised its transfer and withdrawal transaction charges in Kenya effective from 25th October 2023.  The revision of the transaction costs will see customers transacting higher amounts on the mobile money platform pay higher withdrawal charges

Below are the revised Paybill and wallet-to-bank charges”

Tariff Bands and limits in KES New Paybill and Wallet to Bank Charges in KES
9 0
10 49 0
50 100 0
101 500 4
501 1000 9
1,001 1,500 12
1,501 2,500 13
2,501 3,500 20
3,501 5,000 20
5,001 7,500 33
7,501 10,000 37
10,001 15,000 57
15,001 20,000 62
20,001 25,000 67
25,001 30,000 72
30,001 35,000 95
35,001 40,000 99
40,001 45,000 103
45,001 50,000 105
50,001 70,000 105
70,001 150,000 105
150,001 250,000 105

Follow us on TelegramTwitter, and Facebook, or subscribe to our weekly newsletter to ensure you don’t miss out on any future updates. Send tips to info@techtrendske.co.ke 

Facebook Comments

[TechTrends Podcast] Connectivity in Africa ft Africa Data Centres MD Dan Kwach

TechTrends Media Editorial

We cover Technology and Business trends in Kenya and across Africa. Send tips to editor@techtrendske.co.ke

Have anything to add to this article? Leave us a comment below

Back to top button