Bank Charges to move Cash to M-Pesa in 2023

  • January 5, 2023
  • 3 min read

Starting January 2023, Kenyan Banks started charging its customers a fee (plus excise duty of 20%) when moving funds from their bank to M-Pesa and Airtel Money mobile money wallets. Mobile Money wallets also charged fees when moving cash from the wallets to bank accounts. That means the zero-rated transfer of cash we’ve enjoyed has […]

Read More

Safaricom’s M-PESA is its biggest product, and one of the many services that make the telco attractive to Kenyans. M-PESA has also been supplemented with many services, which have gone a long way in making the experience better for everyone, and a go-to service for businesses. Buy Goods and Pay Bill services are some of […]

Read More

What would you do if you were able to share Kenya Power tokens with friends or family, just in the same manner you Sambaza data bundles or airtime? This is exactly what the power corporation is planning for its customers. The product, according to a report published by Business daily will mainly target pre-paid customers.   The […]

Read More