The detailed 2019 Mpesa agent commission structure and a detailed commission structure for withdrawals (Registered and Unregistered)

1 min


0

For M-Pesa agents, they earn a commission for money that they disburse to Safaricom clients. For example if I withdraw KES 500 from an M-Pesa agent, the agent gives me KES 500 and I am charged KES 527. The extra KES 27 is the agent’s earnings for the transaction. The more the transactions the better the agent’s earnings. So be sure to set up in a very conspicuous and busy area to make a lot of profits 🙂

The detailed 2019 Mpesa agent commission structure for deposits is as shown below.

Transaction BandCommission (Ksh)
501004
1015108
5111,0109
1,0111,51010
1,5112,51011
2,5113,51012
3,5115,01014
5,0117,51020
7,51110,01028
10,01115,01040
15,01120,02055
20,02125,02071
25,02130,02087
30,02135,020103
35,02140,020119
40,02145,020135
45,02150,020150
50,02160,020190
60,02170,000190

Safaricom also re-looked at the withdrawal commissions and reduced the commissions in some of the bands as highlighted below and kept others constant in an effort to encourage more deposit transactions.

The detailed commission structure for withdrawals (Registered and Unregistered) is as shown below.

Mpesa Agent Commissions for Withdrawal Transactions
Transaction Bands​​ Commissions(Registered Customers)Commissions(Unregistered Customers)
1049N/AN/A
501005N/A
10150088
5011,0001010
1,0011,5001212
1,5012,5001515
2,5013,5002020
3,5015,0002525
5,0017,5003030
7,50110,0003535
10,00115,0004545
15,00120,0006060
20,00125,0006565
25,00130,0007070
30,00135,0007070
35,00140,000100N/A
40,00145,000150N/A
45,00150,000180N/A
50,00170,000200N/A

At the end of the month, the commission earned is paid to the MMF account of the organisation less the 5% withholding tax. The organisation can decide to withdraw the cash or transfer it to float account.


Like it? Share with your friends!

0
Sande Kennedy

Sande Kennedy is the founder of SandeKennedy.com & Kenyans247.com He is a Kenyan-based Internetprenuer,blogger Political Activist,informer who has an interest in politics, governance, corporate-fraud and human-interest. Kindly drop me a note if you feel aggrieved on any matter that you would want to be highlighted. Twitter @itssandekennedy , Instagram @itssandekennedy WhatsApp: +254791890826 Read More about me here
Would you like to get published on this Popular Blog? You can now email Sande Kennedy any breaking news, Exposes, story ideas, human interest articles or interesting videos on: info@sandekennedy.com. Videos and pictures can be sent to +254 791890826 here on WhatsApp by clicking this send button
Powered by

Send this to a friend