Bloomberg News

Safaricom Increases Tariffs on MPESA Transactions, Daily Reports

March 01, 2012

Safaricom Ltd. (SAFCOM) increased tariffs for customers who send amounts of more than 3,500 shillings ($42) via its mobile-phone money-transfer service, Business Daily reported.

Fees will also rise for withdrawals using the so-called MPESA service, the Nairobi-based newspaper said, citing Chief Executive Officer Bob Collymore.

To contact the editor responsible for this story: Paul Richardson at

American Apparel's Future

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus