Home Technology Mpesa Charges, Rates New Mpesa Tariffs - Safaricom Mpesa Kadogo

New Mpesa Tariffs – Safaricom Mpesa Kadogo

Safaricom Kenya has made a small change in their Mpesa tariffs. The mobile network operator has introduced M-PESA Kadogo. These are new Mpesa rates for specific Mpesa transactions. The new Mpesa withdrawal charges will affect transactions that are up to and below Ksh 100.

There are three Safaricom Mpesa transactions that will benefit from the new Mpesa rates under M-pesa Kadogo. These are sending cash to other Mpesa (registered) users, Lipa na Mpesa and Paybill payments that involve customer to business transactions. Any Mpesa transaction that is Ksh 100 and below will now be free for these three categories.

The new Mpesa tariffs are intended to increase financial inclusion. They are also a response to the growing popularity of Equitel Kenya. Equitel rates are zero when sending money to an Equitel or Orange line. Mpesa is still the most popular mobile money wallet in Kenya.

However, Equitel Kenya is becoming popular. Equitel is preferred by low and middle income earners such as students and small businesses. The new Mpesa tariffs under Mpesa Kadogo will not apply when sending money to unregistered Mpesa users. Some Mpesa withdrawal charges remain unchanged. Mpesa Kadogo will not apply when withdrawing money from Mpesa agents and ATMs.

New Mpesa Tariffs – Safaricom Kenya introduces Mpesa Kadogo

Sports betting is popular in Kenya. Consequently, many Mpesa transactions are done on SportPesa, Mcheza, Elitebet Kenya, Betway and Betin Kenya. These are the leading online sports betting platforms in Kenya. Sports betting fans would be particularly pleased with any new Mpesa tariffs. This is because most punters have been depositing between Ksh 50 and Ksh 100.

New Mpesa tariffs - Safaricom Kenya Mpesa Kadogo

They then use this cash to bet for the SportPesa jackpot, Mcheza jackpot, and on other sports betting websites in Kenya.

Safaricom Kenya has placed a limit on Mpesa Kadogo. This is to avoid abuse of the new Mpesa charges. There will be a limit when sending cash to the same number within an hour. Businesses that have a Till Number or Safaricom Paybill Number will also benefit from Mpesa Kadogo.

This is because Safaricom Kenya will not charge them anything when receiving payments for Mpesa transactions of up to Ksh 100. The new Mpesa tariffs will also make paying bills cheaper. This includes KPLC bills and DSTV Kenya. Other bills mostly paid through Mpesa include GOTV and StarTimes bills.

15,080FansLike
3,466FollowersFollow

NEWS JUST IN

Taita Taveta residents accuse DP Ruto of grabbing their water to develop his plantation

DP Ruto bought the piece of land from former MP Basil Criticos Immediately after the purchase, a fence was erected to secure the...

Please be fair with me – Waititu pleads with senators

Some of you will be governors and will come in the dock soon – Waititu Waititu faces the senate to determine his fate...

Former Kleptomaniax group rap member Collo speaks on his masturbation addiction

Former Kleptomaniax group rap member Collins Majale widely known as Collo has opened up about his addiction to masturbation and how he overcame it. Speaking...

Tanga Tanga team BBI demands from Naivasha retreat

A section of legislators allied to DP William Ruto on Monday drafted their demand list proposing a change in the manner the Building Bridges...

Huddah spends time with Juma Jux in Zanzibar [Video]

Tanzanian RnB singer Juma Jux and Kenyan socialite and businesswoman Huddah Monroe have been spotted spending time together in Zanzibar. This comes days after rumors...

Kenyans hang banners on city roads condemning “corrupt” Judiciary

Kenyans woke up on Tuesday 28th early morning to put up banners calling out the Judiciary for its corruption. The banners asked why the majority...

Breaking: KNH puts one patient in isolation for coronavirus like symptoms

A Chinese student has been admitted to Kenyatta National Hospital for coronavirus-like symptoms. The KNH Communication Manager, Mr. Hezekiel Gikambi, confirmed that the patient had...

Bank seeks to liquidate EA Cables over loan default.

East African Cables is experiencing financial woes. Recently, SBM bank filed a petition to liquidate the company after it failed to pay a loan...
Loading...