Good day, and welcome back to check out yet another brilliant article I’ve written. In this article, we’ll examine the percentages Mpesa agents make on deposits and withdrawals made by their customers.
Agents of Safaricom Mpesa will now make more money on deposits of all transaction bands as a result of this adjustment. Because of the new rates, agents can now make as little as 4 shillings on deposits between 50 and 100. Between $50k and $70k, you’ll pay the highest commission of sh 190.
The highest deposit tiers receive larger commissions. Therefore, high-traffic areas with plenty of customers making deposits and withdrawals are ideal for setting up shop as a Mpesa agent.
Mpesa Deposit Processing Fees The table below details the commissions earned by agents for deposit amounts that fall within the ranges indicated.
With Mpesa, withdrawing cash costs more than sending money through the system. The Mpesa bonus for withdrawals between Ksh. 50,001 and Ksh. 70,000 is Ksh.
By Newsmedia