MaurineTheuri
Member
Safaricom has today declared a significant change to MPESA charges where they state they will be decreased upto 45% successful starting 2021 January.
"As guided by the Central Bank of Kenya and considering the Standards on the evaluating of portable cash administrations, we have taken the choice to decrease our MPESA tarrifs by upto 45% for lower esteem exchange groups," the organization said in the notification.
Safaricom says that these tax decreases will influence over 90% of all client exchanges when sending cash. For instance, it will cost KES 6 to send between KES 101 and KES 500 down from KES 11 and sending between KES 1501 and KES 2500 will cost KES 22 down from KES 41.
The organization says this is with regards to the expiry of the period for zero appraised MPESA exchanges and continuous Coronavirus and financial conditions.
Here are the new charges that will be powerful from January first 2020 and will stay perpetual.
Much the same as it was referenced beneath on the CBK mandate, all exchanges of KES 100 and underneath will stay free. Safaricom says that all MPESA clients will keep on getting a charge out of free exchanges among MPESA and financial balances. They have likewise kept up the KES 300,000 breaking point to execute in a day and the KES 300,000 you can hold in your MPESA account that was delivered for the current year as a component of the Coronavirus related measures.
The organization likewise specifies that the new decreased taxes will likewise apply to exchanges for miniature organizations under their new Pochi La Biashara administration, and for Lipa Na MPESA organizations utilizing the Executing till to make installments.
"As guided by the Central Bank of Kenya and considering the Standards on the evaluating of portable cash administrations, we have taken the choice to decrease our MPESA tarrifs by upto 45% for lower esteem exchange groups," the organization said in the notification.
Safaricom says that these tax decreases will influence over 90% of all client exchanges when sending cash. For instance, it will cost KES 6 to send between KES 101 and KES 500 down from KES 11 and sending between KES 1501 and KES 2500 will cost KES 22 down from KES 41.
The organization says this is with regards to the expiry of the period for zero appraised MPESA exchanges and continuous Coronavirus and financial conditions.
Here are the new charges that will be powerful from January first 2020 and will stay perpetual.
Much the same as it was referenced beneath on the CBK mandate, all exchanges of KES 100 and underneath will stay free. Safaricom says that all MPESA clients will keep on getting a charge out of free exchanges among MPESA and financial balances. They have likewise kept up the KES 300,000 breaking point to execute in a day and the KES 300,000 you can hold in your MPESA account that was delivered for the current year as a component of the Coronavirus related measures.
The organization likewise specifies that the new decreased taxes will likewise apply to exchanges for miniature organizations under their new Pochi La Biashara administration, and for Lipa Na MPESA organizations utilizing the Executing till to make installments.
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