Below are some facts about it or what you should know if you are using it or interested in this subscription.
M-PESA charges will depend on the amount you are sending or withdrawing. You can use your M-PESA menu to buy airtime for your phone, or for someone else. This service is free and you will only pay for the airtime purchased.
– Maximum Account Balance is KSh 100,000
– Maximum Daily Transaction Value is KSh 140,000.Maximum per transaction is KSh 70,000
– You cannot withdraw less than KSh 50 at an M-PESA agent outlet
– To transact, your Safaricom line and M-PESA account must be active
– At an agent outlet, you cannot deposit money directly into another M-PESA customer’s account
– You earn Bonga points when you transact on M-PESA.
– To register or transact at any M-PESA Agent outlet, you will be required to produce your original identification document, i.e., National ID, Passport, Military ID, Diplomatic ID or Alien