Safaricom Mpesa Withdrawal and Sending Charges 2019

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These are the new Safaricom Mpesa withdrawal and sending charges as of 2019. These rates effected on 1st July 2018 according to an announcement made by Kenya’s leading mobile network operator. Safaricom cited the Financial Bill 2018 and the Provisional Collection of Taxes and Duties Act as the reason for the adjustment in the Mpesa transaction charges.

1.  New Mpesa Withdrawal Rates From an Mpesa Agent 

 Min Max MPESA Charges
 1 49 N/A
 50 100 10
 101 500 27
 501 1,000 28
 1001 1,500 28
 1501 2,500 28
 2501 3,500 50
 3501 5,000 67
 5001 7,500 84
 7501 10,000 112
 10,001 15,000 162
 15,0001 20,000 180
 20,001 35,000 191
 35,001 50,000 270
 50,001 70,000 300

2. New Mpesa Transfer Rates to registered Mpesa users

 Min Max MPESA Charges
 1 49 Free
 50 100 Free
 101 500 11
 501 1,000 15
 1001 1,500 26
 1501 2,500 41
 2501 3,500 56
 3501 5,000 61
 5001 7,500 77
 7501 10,000 87
 10,001 15,000 97
 15,0001 20,000 102
 20,001 35,000 105
 35,001 50,000 105
 50,001 70,000 105

3. New Mpesa ATM Withdraw Rates

 Min Max MPESA Charges
 200 2,500 34
 2501 5,000 67
 5001 10,000 112
 10,001 20,000 197

Note  

1. Maximum Account Balance is KSHs.100,000
2. Maximum Daily Transaction Value is KSHs.140,000.Maximum per transaction is KSHs.70,000
3. You cannot withdraw less than KSHs.50 at an M-PESA agent outlet
4. To transact, your Safaricom line and M-PESA account must be active
5. At an agent outlet, you cannot deposit money directly into another M-PESA customer’s account
6. You earn Bonga points when you transact on M-PESA.
7. To register or transact at any M-PESA Agent outlet, you will be required to produce your original identification document, i.e., National ID, Passport, Military ID or Alien ID/Foreigner Certificate.

What are the New Mpesa charges and rates and in Kenya for 2019? What are the New MPESA charges for withdrawal from an agent? And what is the cost of transferring money to an un-registered Safaricom Number?

In this article, we will answer all the above questions for the New Mpesa Rates, effective 1st June 2018.

We will look at what Safaricom is charging currently for their services. Now, the tariffs charges by telecommunication company, largely depends on the amount in question.

First, there are important staff to note down. To be registered as an Mpesa user is free. This can be done at the nearest MPESA AGENT.

In addition, depositing money is also zero rated. You don’t have to pay anything.

Thirdly, buying credit or bundles (data) for a Safaricom line is also free of any charges. However, if you buy for other networks, you will incur some costs. These include Orange Kenya and Airtel.

The Safaricom MPESA transfer and withdrawal charges only depends on one factor. The amount involved.

In a day, you can send a maximum of KSh. 140,000 using MPESA. However, the transaction limit is KSh. 70,000. Therefore, you will have to send the 140,000K in two batches.

Currently, it costs more amount to send money to an un-registered number in 2019.

New Withdrawal Cost from MPESA Agent (2019):

Min(KSHs.)Max(KSHs.)M-PESA Charges
149N/A
5010010
10150027
5011,00028
1,0011,50028
1,5012,50028
2,5013,50050
3,5015,00067
5,0017,50084
7,50110,000112
10,00115,000162
15,00120,000180
20,00125,000191
25,00130,000191
30,00135,000191
35,00140,000270
40,00145,000270
45,00150,000270
50,00170,000300

Transfer to other M-PESA Users Charges (New Rates) for 2019:

Min(KSHs.)Max(KSHs.)M-PESA Charges
149Free
50100Free
10150011
5011,00015
1,0011,50026
1,5012,50041
2,5013,50056
3,5015,00061
5,0017,50077
7,50110,00087
10,00115,00097
15,00120,000102
20,00125,000105
25,00130,000105
30,00135,000105
35,00140,000105
40,00145,000105
45,00150,000105
50,00170,000105

Transfer from M-PESA to Airtel Money New Charges for 2019:

Min(KSHs.)Max(KSHs.)M-PESA Charges
149Free
50100Free
10150011
5011,00015
1,0011,50026
1,5012,50041
2,5013,50056
3,5015,00061
5,0017,50077
7,50110,00087
10,00115,00097
15,00120,000102
20,00125,000105
25,00130,000105
30,00135,000105
35,00140,000105
40,00145,000105
45,00150,000105
50,00170,000105

Mpesa Transfer to T-Kash (Telkom Money) User Charges (New Rates) for 2019:

Min(KSHs.)Max(KSHs.)M-PESA Charges
149Free
50100Free
10150011
5011,00015
1,0011,50026
1,5012,50041
2,5013,50056
3,5015,00061
5,0017,50077
7,50110,00087
10,00115,00097
15,00120,000102
20,00125,000105
25,00130,000105
30,00135,000105
35,00140,000105
40,00145,000105
45,00150,000105
50,00170,000105

New MPESA Transfer Charges to Unregistered Users  (2019):

Min(KSHs.)Max(KSHs.)M-PESA Charges
149N/A
50100N/A
10150045
5011,00049
1,0011,50059
1,5012,50074
2,5013,500112
3,5015,000135
5,0017,500166
7,50110,000205
10,00115,000265
15,00120,000288
20,00125,000309
25,00130,000309
30,00135,000309
35,00140,000N/A
40,00145,000N/A
45,00150,000N/A
50,00170,000N/A

MPESA ATM Withdrawal Expense (2019 Update):

Min(KSHs.)Max(KSHs.)M-PESA Charges
2002,50034
2,5015,00067
5,00110,000112
50120,000197

There are Importants things to take into consideration when using Safaricom Mpesa

  1. The maximum amount of cash you can have in your line is KSHs.100,000
  2. The maximum Daily Transaction limit is KSHs.140,000. While the maximum per transaction is KSHs.70,000
  3. The minimum amount you can withdraw from your account is KSH. 50 at any Mpesa Agent or Outlet.
  4. To carry out any transaction, the Safaricom line you have in your phone must be active. In addition, the Mpesa account must also be active.
  5. At an agent outlet, you cannot deposit money directly into another M-PESA customer’s account. (haaaaaaha- this is the only Mpesa rule that most people can break)
  6. When you transact on M-Pesa, you earn Bonga points.

What are the requirements for registering on M-Pesa as a user?

To register or transact at any M-PESA Agent outlet: you will be required to produce your original identification document, i.e., National ID, Passport, Military ID, Diplomatic ID or Alien ID/Foreigner Certificate


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Sande Kennedy

Sande Kennedy is the founder and Editor in Chief of SandeKennedy.com & Kenyans247.com He is a Kenyan-based Internetprenuer,blogger Political Activist & informer who has an interest in politics, governance, corporate-fraud and human-interest. Kindly drop me a note if you feel aggrieved on any matter that you would want to be highlighted  Twitter: @itssandekennedy , Instagram: @itssandekennedy WhatsApp: +254791890826 Read More about me here
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