Kenyans can now seamlessly transact between each other irrespective of what Mobile Money platform they are on. Well, not quite yet. AirtelMoney and T-kash are still trying to figure out ways of playing nice with each other but that is coming soon. At the moment, M-PESA plays nice with noth AirtelMoney and T-kash. But how much does it cost to transact across the divide? Let us look at what it costs.
The following table shows cross-platform transaction charges by all three Mobile money solutions.
Transaction costs between T-kash and M-PESA and between T-kash customers
Transaction charges between AirtelMoney customers and Safaricom M-PESA
Airtel Money customers should note that;
- Maximum Account balance is Kshs. 140,000
- Maximum Daily Transaction value is Kshs. 140,000. Maximum amount per transaction is Kshs. 70,000
- Withdrawals for both on-net and off -net customers cost the same
- Customers from other networks cannot withdraw more than Kshs. 35,000 per transaction
Transaction costs between M-PESA and other carriers and between M-PESA customers
Safaricom customers need to note that;
- You cannot send anything less than Ksh.100 to other carriers. The minimum amount is therefore Ksh.101.
- Maximum Account Balance is KSHs.100,000
- Maximum Daily Transaction Value is KSHs.140,000.Maximum per transaction is KSHs.70,000
- You cannot withdraw less than KSHs.50 at an M-PESA agent outlet
- To transact, your Safaricom line and M-PESA account must be active