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Originally published by The Standard Business
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August 2, 2026
2h ago

Safaricom halves M-Pesa merchant fees in CBK-led move

Safaricom halves M-Pesa merchant fees in CBK-led move

Safaricom has slashed charges on transferring funds from business tills to mobile wallets and Paybill numbers...

✨ Key Highlights

Safaricom has significantly reduced M-Pesa merchant fees by up to 50%, a move aligning with the Central Bank of Kenya's (CBK) customer-centric pricing principles.

  • The fee reductions, effective August 7, 2026, aim to provide relief to small traders and consumers amid persistent inflation.
  • Key changes include a halving of fees for transfers from business tills to personal M-Pesa wallets and Paybill numbers, with the first Ksh100 remaining free for both services.
  • The free collection threshold for Lipa na M-Pesa Buy Goods has been doubled to Ksh500, benefiting millions of informal retailers.

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