Here are the new M-Pesa rates following the court order allowing the implementation of the Finance Act 2023. Safaricom before making the changes stated, “Following the enactment into law of the Finance Act 2023 and the Court of Appeal ruling on 28th July 2023, effective 29th July 2023, we will be reviewing our Call, SMS, Data, Fibre and M-PESA pricing to reflect the increase in Excise Duty rate on fees charged on mobile money transfer services from 12% to 15% and the decrease in Excise Duty rate on telecommunication services (calls, SMS, data, and fibre) from 20% to 15%.”

Here are the new M-PESA rates EFFECTIVE 29th July 2023:

Minimum	Maximum	TRANSFER TO M-PESA USERS	TRANSFER TO UNREGISTERED M-PESA USERS	WITHDRAWAL FROM AGENT
1	49	Free	N/A	N/A
50	100	Free	N/A	11
101	500	7	47	29
501	1,000	13	51	29
1,001	1,500	23	61	29
1,501	2,500	33	76	29
2,501	3,500	53	115	52
3,501	5,000	57	139	69
5,001	7,500	78	171	87
7,501	10,000	90	211	115
10,001	15,000	100	273	167
15,001	20,000	105	296	185
20,001	35,000	108	318	197
35,001	50,000	108	318	278
50,001	150,000	108	318	309