Here is what it will cost you to send money via Mpesa from July 1st
There are 29.5 million mobile subscribers in the country who use Safaricom services.
The new charges for MPesa services will take effect tomorrow forcing Kenyans to dig deeper into their pockets to send money.
During the 2018/2019 budget reading, Cabinet Secretary, Treasury Henry Rotich announced that customers would now be charged 12 percent up from 10 percent of every cost of money transfer.
Transferring between Ksh.1-100 to other MPesa users will however still remain free.
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Majority of the Kenya’s mobile subscribers are Safaricom’s customers, According to Communications Authority of Kenya (CA) sector statistics report for the period October to December 2017, there are 29.5 million mobile subscribers in the country who use Safaricom services.
Here are the new MPesa charges:
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