News

Safaricom Adds Daily Transaction Limit Counter on MPESA Messages


Back in April, the Central Bank of Kenya increased the daily transaction limit on mobile money transfer services in the country from Ksh 140,000 to Ksh 300,000.

That change was more than doubled the amount of cash that can be sent on a single transaction via mobile money from Ksh 70,000 to Ksh 150,000.

The move was part of the CBK’s initiative to encourage more use of mobile money over physical cash.

Now, Safaricom has added an additional message on each MPESA transaction so users can know the remaining amount of cash they can transact before their daily Ksh 300,000 limit is exhausted.

MPESA Daily transaction Limit counter
MPESA Daily transaction Limit counter(Image: TechTrendsKE)

The new changes started yesterday.

Follow us on TelegramTwitterFacebookor subscribe to our weekly newsletter to ensure you don’t miss out on any future updates on African startups.

Facebook Comments

INFINIX ZERO X PRO Unboxing

Alvin Wanjala

Alvin Wanjala has been writing about technology for over 2 years. He writes about different topics in the consumer tech space. He loves streaming music, programming, and gaming during downtimes.

Leave us a comment

Back to top button