How mpesa makes money and profit

M-Pesa is not actually a company but a product offered by the Kenyan telecommunications giant - Safaricom.
The essence of the product is to enable transfer of e-money using a basic mobile phone.

To answer your questions simply, transaction fees are charged for the services as below.

1. Deposit money into your mobile wallet =free
2. Transfer Money to a registered or non-registered user=a fee applies as per the transaction amount based on bands
3. Withdrawal from mobile wallet =a fee based on transaction amount.

In addition, other services like paybill, which enables a user to settle utility bills also attract a charge.

Based on the amazing uptake of the product and the pricing structure, M-Pesa makes Safaricom a hell lot of money.

See Also

Safaricom Mpesa Charges 2018: Mpesa Withdrawal Charges and Rates Latest

New Mpesa Rates: Safaricom Kenya Tariffs & Safaricom Mpesa Rates of 2018

Current Official KNEC Contacts: Telephone, Mobile, Email, Facebook, Address, website 2018

 


Tags:



Related Posts


Comments (0)

Leave a Comment

Type the above code here

Search Now




Trending Now


  1. 2019 KCSE CANDIDATES first revision mpesa paybill 820201
  2. most Marketable TSC Subject Combination in kenya for Secondary School Teachers
  3. Kimende Primary school contacts and location
  4. TSC news - TSC to pay allowances before CBC training Teachers demand
  5. Top 12 Most Powerful Militaries

Categories


  1. Tsc County Jobs
  2. KCSE Results 2018 Online
  3. Helb Portal
  4. Drop Shipping
  5. KDF Recruitment and salary
  6. Online TSC Payslips
  7. loan apps in kenya
  8. MKU student portal
  9. curriculum vitae
  10. celebrities in kenya
  11. Teachers Service Commission Latest News
  12. insurance
  13. relationship
  14. EDUCATION NEWS in kenya
  15. Business
  16. erevision