Safaricom increases M-PESA account and daily transaction limit to KSh 500, 000

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Nairobi, Kenya August 14...Safaricom is set to increase M-PESA limits to KSh 500, 000 this follows an aproval from Central bank of Kenya

The higher account will be effective from Tuesday 15 August for all M-PESA customer

"Increased account limits will provide customers and especially the small businesses with increased convenience as the share of cashless transaction continues to rise " said Safaricom CEO Peter ndegwa

M-PESA transaction limits we're previously increased in March 2020 when the central Bank of Kenya approved doubling of transaction limits to KSh 150, 000  and daily account limits to KSh 300, 000

In addition to the higher account limit M-PESA customers are also set to enjoy 
an increased daily transaction limit of is 500, 000 per day , the current per transaction limit of KSh 150, 000 will be in place , subsequently customers can man as many transaction upto 500, 000 daily limit 


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