Safaricom Mpesa Charges 2023 Kenyan Backpacker These are charges that a customer incurs depending on the amount of transaction and the transaction type i.e. sending or withdrawing. below are m pesa tariffs. M pesa charges have gone up due to the increase in excise duty from 12% to 15%.
New Mpesa Transaction Charges 2023
New Mpesa Transaction Charges 2023 New m pesa charges guidelines in july 2023, safaricom announced an increase in mpesa transaction costs to reflect the finance act 2023. the act increased the excise duty on money transfers from 12% to 15% while decreasing telecommunication services excise duty from 20% to 15%. New safaricom mpesa rates of july 29 2023 new m pesa charges were introduced by safaricom on july 29, 2023. this was after the finance bill 2023 was passed and the budget for the financial year 2023 2024 was read in june by the national treasury cabinet secretary (cs) prof. njuguna ndung’u. through the finance bill 2023, treasury increased taxes and excise duty on mobile money transactions. Mpesa charges vary depending on the type of transaction. such as sending or withdrawing money and or transacting with unregistered or registered m pesa users. therefore, i have included 4 free calculators and a table of the new mpesa transaction charge effective 29 july 2023. The new m pesa transaction charges will increase from 12% to 15%. the updated mpesa charges took effect on 29th july 2023 and reflect changes in the exercise duty on goods and services as outlined in the finance act following its enactment. in addition, excise duty on sms, calls, and home fibre will decrease by 5% (from 20% to 15%).
Mpesa Charges Increase Following Enactment Of Finance Act
Mpesa Charges Increase Following Enactment Of Finance Act Mpesa charges vary depending on the type of transaction. such as sending or withdrawing money and or transacting with unregistered or registered m pesa users. therefore, i have included 4 free calculators and a table of the new mpesa transaction charge effective 29 july 2023. The new m pesa transaction charges will increase from 12% to 15%. the updated mpesa charges took effect on 29th july 2023 and reflect changes in the exercise duty on goods and services as outlined in the finance act following its enactment. in addition, excise duty on sms, calls, and home fibre will decrease by 5% (from 20% to 15%). The new changes, effective from 29th july 2023, reflect an increase in excise duty on mobile money transfer services from 12% to 15%. this means that m pesa charges have increased by 3%, while charges for sms, data, home fibre, and calls have reduced by 5%. Check out this article to learn about mpesa charges in 2023, changes to old plans, new tariffs, transaction fees, m pesa withdrawal charges.
Latest Mpesa Paybill Transaction Charges 2023 Nairobiminibloggers The new changes, effective from 29th july 2023, reflect an increase in excise duty on mobile money transfer services from 12% to 15%. this means that m pesa charges have increased by 3%, while charges for sms, data, home fibre, and calls have reduced by 5%. Check out this article to learn about mpesa charges in 2023, changes to old plans, new tariffs, transaction fees, m pesa withdrawal charges.
