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Safaricom M-PESA Charges Effective January 2021

Here are the new charges for sending cash via M-PESA


The year began with the return of transaction charges for money transfer between Ksh 101 up to Ksh 1000. The CBK guided free cash transfer initiative, first implemented in March, saw Kenyans transfer up to Ksh 1000 for free on mobile money platforms for the whole of 2020.

But with the return of transaction charges, Safaricom announced major changes to M-PESA tariffs. The new charges were “guided by the Central Bank of Kenya,” the company said in a December 2020 notice.

“…we have taken the decision to reduce our MPESA tariffs by up to 45% for lower value transaction bands,” Safaricom said.

In a message sent to its subscribers, the telco said the tariff changes would affect transactions between Ksh 101 and Ksh 7500. Thanks to the new tariffs, sending cash between Ksh 101 and Ksh 500 currently costs Ksh 6 down from Ksh 11 – a 45% reduction.

Here’s a summary of the new M-PESA tariffs for sending cash effective January 1st;

M-PESA charges for sending cash to other M-PESA Users, Pochi La Biashara and Business Till To customer effective January 2021:

Min(KSh) Max(KSh) M-PESA Charges
1 49 FREE
50 100 FREE
101 500 6
501 1,000 12
1,001 1,500 22
1,501 2,500 32
2,501 3,500 51
3,501 5,000 55
5,001 7,500 75
7,501 10,000 87
10,001 15,000 97
15,001 20,000 102
20,001 35,000 105
35,001 50,000 105
50,001 150,000 105

M-PESA Charges for Transfer of cash to other Mobile Money Users

Min(KSh) Max(KSh.) M-PESA Charges
1 49 FREE
50 100 FREE
101 500 6
501 1,000 12
1,001 1,500 22
1,501 2,500 32
2,501 3,500 51
3,501 5,000 55
5,001 7,500 75
7,501 10,000 87
10,001 15,000 97
15,001 20,000 102
20,001 35,000 105
35,001 50,000 105
50,001 150,000 105

M-PESA Charges for money transfer to Unregistered Users

Min(KSh) Max(KSh) M-PESA Charges
1 49 N/A
50 100 N/A
101 500 45
501 1,000 49
1,001 1,500 59
1,501 2,500 74
2,501 3,500 112
3,501 5,000 135
5,001 7,500 166
7,501 10,000 205
10,001 15,000 265
15,001 20,000 288
20,001 35,000 309
35,001 50,000 N/A
50,001 150,000 N/A

M-PESA Charges for Agent Withdrawal

Min(KSh) Max(KSh) M-PESA Charges
1 49 N/A
50 100 10
101 500 27
501 1,000 28
1,001 1,500 28
1,501 2,500 28
2,501 3,500 50
3,501 5,000 67
5,001 7,500 84
7,501 10,000 112
10,001 15,000 162
15,001 20,000 180
20,001 35,000 191
35,001 50,000 270
50,001 150,000 300

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Alvin Wanjala

Alvin is a freelance tech journalist. Talk to me via email at alvinwanjala[at]pm[dot]me

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