Updated M-PESA Transaction Charges 2023

M-PESA is a mobile money transfer service. The service enables subscribers to deposit, save, transfer funds, pay utilities and withdraw money. All that comes at a cost as per M-PESA transaction.

If you want to make a transaction using M-PESA I suppose that you should check the charges before you proceed with your transaction. The M-PESA charges depend on the amount you are sending or withdrawing. This article details the updated list of M-PESA charges for 2023.

Key-Pointers for M-PESA Transaction Charges

1. All account deposits are free.

2. The maximum account balance is KSHs.300,000

3. The maximum Daily Transaction Value is KSHs.300,000 and KSHs.150,000 per transaction.

4. M-PESA account-holders can withdraw money starting from KSHs.50 at any M-PESA agent outlet.

5. To initiate M-PESA person-to-person self reversal, send the transaction confirmation message to 456.

6. Customers cannot deposit money directly into another M-PESA customer’s account at the agent’s outlet.

7. You earn Bonga points when you transact on M-PESA.

8. To transact at any M-PESA Agent outlet, you will be required to produce your original identification document, i.e., National ID or Kenyan Passport.

Read Also: How to Reverse MPESA Money Sent to the Wrong Number

Transfer to M-PESA Customer

Min – Max	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 – 50,001	105
50,001 – 150,000	105

M-PESA Withdrawal Charges from M-PESA Agent

The figures listed below per tiers show withdrawal charges from the M-PESA agent.

TIERS Min(Kshs)/ Max(Kshs)	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 – 7500	84
7,501 – 10,000	112
10,001 – 15,000	162
15,001 – 20,000	180
20,001 – 35,00	191
35,001 – 50,000	270
50,001 – 150,000	300

Transfer Charges to Unregistered Users

If you are planning to send money to a non-registered user, you will be charged as indicated in the table below.

TIERS Min(Kshs)/ Max(Kshs)	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

Read Also: How to get MPESA Money for Deceased Person

Transfer Money to other M-PESA Users, Pochi La Biashara and Business Till To customer.

The charges below apply to transfer transactions from a registered M-PESA account to another MPESA user or Pochi La Biashara or business till to the customer.

TIERS Min(Kshs)/ Max(Kshs)	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 – 10,00	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

Mpesa transactions rates: ATM Withdrawal

The following are the M-Pesa transaction charges for ATM Withdrawal:

TIERS Min(Kshs)/ Max(Kshs)	M-PESA Charges
200 – 2,500	34
2,501 – 5,000	67
5,001 – 10,000	112
10,001 – 20,000	197

Other M-Pesa Service Charges

Other Transactions	Charges
All deposits	0
M-PESA Registration	0
Buying Airtime	0
Balance Inquiry	0
Changing PIN	0