Safaricom PLC has unveiled a new tariff structure for M-Pesa transactions aimed at easing the financial burden on Kenyan businesses. The changes, which will be implemented in stages beginning August 1, 2026, focus on Pochi la Biashara, Lipa na M-Pesa Buy Goods, and M-Pesa Business Till transfers.
Phased Rollout of Reduced Charges
- Phase 1 (Aug 1 - Oct 31, 2026): Pochi la Biashara merchants benefit from a doubled free transaction threshold, now covering payments up to KSh 200, up from KSh 100. Additionally, fees for larger transactions have been capped at KSh 50, down from KSh 108.
- Phase 2 (From Aug 7, 2026): Lipa na M-Pesa Buy Goods merchants will enjoy free collections for amounts up to KSh 500, an increase from the previous KSh 200 limit. The 0.55% fee on amounts between KSh 201 and KSh 500 has been eliminated, while fees for higher amounts remain unchanged.
- Phase 3 (From Aug 7, 2026): Small businesses using M-Pesa Business Till will see transfer fees cut by up to 50%, with charges for transfers between KSh 101 and KSh 500 reduced from KSh 7 to KSh 4 for Pay to Mobile, and from KSh 5 to KSh 3 for Pay to PayBill transactions.
Supporting Business Growth and Affordability
Safaricom’s CEO, Peter Ndegwa, emphasized that the revised tariffs are part of the company’s broader PATA MORE campaign, which aims to provide tangible value to customers by incorporating their feedback. The campaign also includes enhancements such as doubled data bundles and faster fibre internet speeds.
The adjustments align with the Central Bank of Kenya’s principles of fairness, transparency, and customer-centricity, reinforcing Safaricom’s commitment to fostering a more affordable and competitive digital payments environment for SMEs across the country.
