Kenya: Airtel Money Reduces Mobile to Bank Transfer Charges

2 November 2023
Capital FM (Nairobi)
By Kevin Rotich

Nairobi — Airtel Money has today cut its mobile money transaction charges from mobile to banks.

The changes will apply to Paybill, bulk payments, and wallet-to-bank charges.

For instance, a customer transferring between Sh70,001 and Sh150,000 will pay Sh30 less at Sh105 now than at Sh135 previously.

The exchange of amounts in the range of Sh101 to Sh500 has also been reduced to Sh4 from Sh12.

"This move reaffirms our continuous commitment in supporting our customers especially with the prevailing economic challenges," said Airtel Money Kenya MD Anne Kinuthia-Otieno.

"Airtel Money will continue providing flexible and personalized solutions while at the same time delivering exceptional services and value for their money."

Zero charges on utility bills, such as electricity, will remain.

Read the original article on Capital FM.

Tagged:
Copyright © 2023 Capital FM. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.