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Airtel Money Lowers Paybill And Wallet To Bank Charges

Airtel Money charges

Airtel Money has announced a significant reduction in its paybill, bulk payment, and wallet to bank charges. This announcement comes about a week after Airtel Money raised withdrawal and transfer charges when sending money to users on other networks. 

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Reducing Paybill and wallet to bank charges can make Airtel Money more affordable and competitive. This is especially so for those who want to save some money in these tough economic times. M-pesa, the dominant mobile money solution, is not the most affordable platform and has not been for a while. It enjoys an extensive network of agents and this has been its main advantage over the years. Airtel wants to disrupt this by offering affordable rates to its customers. 

“This move reaffirms our continuous commitment in supporting our customers especially with the prevailing economic challenges. Airtel Money will continue providing flexible and personalized solutions while at the same time delivering exceptional services and value for their money.” Said Airtel Money Kenya MD Anne Kinuthia-Otieno.

Airtel Money’s revised charges are structured to cater to a wide range of transactions. Here is a breakdown of the new charges based on different tariff bands and transaction limits:

Tariff Bands and limits in KESNew Paybill and Wallet to Bank Charges in KES
9
1049
50100
101500
5011000
1,0011,50012 
1,5012,50013 
2,5013,50020 
3,5015,00020 
5,0017,50033 
7,50110,00037 
10,00115,00057 
15,00120,00062 
20,00125,00067 
25,00130,00072 
30,00135,00095 
35,00140,00099 
40,00145,000103 
45,00150,000105 
50,00170,000105 
70,001150,000105 
150,001250,000105

Read: Airtel Money Charges and Tariffs As of August 2023

About author

Editor at TechArena. I cover all things technology and review new gadgets as I get them. You can reach me on email: kaluka@techarena.co.ke
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