Mpesa agent

If you want to start an Mpesa shop, you will be earning commissions for every transaction made. The commissions might be revised in future,but here is the money they earn at the moment:

Mobile money transfer has quickly become the norm in Kenya, with most people transacting money via MPESA. MPESA agents are available almost everywhere in the country, making it easier for people to deposit or withdraw money. Safaricom MPESA Agents are able to earn commissions and make money.

With over 25 million active Safaricom users and millions of registered MPESA customers, there are uncountable opportunities for you to become an MPESA Agent and start making money with Safaricom.

An M-Pesa agent’s profit is entirely commission-based and ranges between Ksh. 10,000 to over Ksh. 100,000 per month. Earnings vary drastically depending on your location, the volume of transactions, and whether you operate as a primary dealer or a sub-agent.

Mpesa agents recruit sub-agents stores and treat them as their own.

They deliberately fail to register sub-agent shops with Safaricom. This takes away the privilege of sub-agents receiving commissions direct from Safaricom — which now means that agents become bosses to sub-agents.

They decide what to pay sub-agents. It could be anything from 60% commission to 80% but it is mostly 70%.

Key Earnings & FactorsAverage Monthly Commission: Typical earnings hover around Ksh. 20,000 to Ksh. 50,000 in high-traffic or busy residential zones. Highly established shops in prime commercial areas can make upwards of Ksh. 100,000 to Ksh. 200,000.

Source

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