MPesa Paybill Transaction Charges 2023 is a revolutionary service that provides businesses with an easy and secure way to collect money from customers using Mpesa services in Kenya.
With the re-introduction of MPesa Paybill Transaction Charges 2023, after 3 years of zero charges following Covid-19, customers are now able to enjoy the convenience of mobile money with the added benefit of low transaction fees.
Here are the new Mpesa Paybill transaction charges for 2023.
| Amount | Charges |
| 1 – 49 | 0 |
| 50 – 100 | 0 |
| 101 – 500 | 4 |
| 501 – 1,000 | 9 |
| 1,001 – 1,500 | 14 |
| 1,501 – 2,500 | 19 |
| 2,501 – 3,500 | 24 |
| 3,501- 5,000 | 33 |
| 5,001 – 7,500 | 40 |
| 7,501 – 10,000 | 46 |
| 10,001 – 15,000 | 55 |
| 15,001 – 20,000 | 60 |
| 20,001- 25, 000 | 65 |
| 25,001- 30,000 | 70 |
| 30,001 – 35, 000 | 80 |
| 35,001- 40,000 | 96 |
| 40,001- 45,000 | 100 |
| 45,001- 50,000 | 105 |
| 50,001- 70,000 | 105 |
| 70,001- 150,000 | 105 |
The new Mpesa Paybill transaction charges for 2023 provide customers with greater fee transparency, allowing them to easily understand how much they are being charged for their transactions.
The new charges are also designed to make it easier for businesses to manage their finances when using Mpesa, as they can now calculate upfront the fees that they will be charged for each transaction.
The Kenyan government introduced Mpesa paybill charges in 2023 in order to raise additional revenue from mobile money transactions. This is part of the government’s effort to increase its revenue base in order to finance its development projects.
The increased revenue from Mpesa paybill charges will also help to reduce the government's borrowing needs.
Comments (0)
Leave a Comment