In the new changes, users will enjoy a higher transaction limit under Send Money, Lipa Na M-Pesa Buy Goods, Paybill and other services.
“We welcome the move by the Central Bank of Kenya to increase M-PESA transaction limits to KSh. 250,000,” Safaricom CEO Peter Ndegwa said.
“The increased transaction limits are a timely intervention as they will provide customers and businesses with additional convenience when doing business empowering them to do more from their phones,” Ndegwa added.
This follows CBK’s approval to increase the M-Pesa daily limit to Sh500,000 on August 14, 2023.
The current maximum transaction fees will apply across the new bands, including Sh108 per transaction for Send Money.
Access our platform effortlessly on-the-go through our user-friendly mobile apps.
𝗦𝗲𝗺𝗮𝘀𝗼𝗰𝗶𝗮𝗹 𝗶𝘀 𝘄𝗵𝗲𝗿𝗲 𝗿𝗲𝗮𝗹 𝗽𝗲𝗼𝗽𝗹𝗲 𝗰𝗼𝗻𝗻𝗲𝗰𝘁, 𝗴𝗿𝗼𝘄, 𝗮𝗻𝗱 𝗯𝗲𝗹𝗼𝗻𝗴. We’re more than just a social platform — from jobs and blogs to events and daily chats, we bring people and ideas together in one simple, meaningful space.
