M-PESA Kadogo- Safaricom new M-PESA tariff.
Safaricom has introduced a new M-PESA tariff known as ‘M-PESA Kadogo’ in order to drive financial inclusion that will allow M-PESA customers to carry out specific transactions for free that are Kshs. 100 and below . M-PESA customers will also be able to send as little as Ksh.1
Transactions that are included in M-PESA Kadogo:
Send money to M-PESA registered users ( Ksh.100 and below) Lipa na M-PESA ( Kshs.100 and below) Paybill payments (Customer to Business) – Ksh.100 and below.
Transactions that are excluded in M-PESA Kadogo include:
Send money to unregistered users. Withdrawal from ATMS and M-PESA agents. Payments to gaming organizations.
charges for gaming:
Payments to gaming organizations will be charged at the prevailing rate.
Charges for other M-PESA transactions:
All other M-PESA transactions will continue getting charged as per the prevailing rates.
Limit as to how many times I can transact for free:
There will be limit of send money to the same number within an hour but all the transactions are allowed.
Benefits to Lipa na M-PESA merchants and Pay bill organizations:
There will be no charge for receiving payments up to Ksh.100 and below.