Please enable JavaScript to view advertisements.
×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download App

Safaricom takes battle to banks with new Sh500,000 M-Pesa limit

Customers receive M-Pesa services at a shop in Nairobi on July 13, 2022. [Elvis Ogina,Standard]

You will be able to transact and hold half a million shillings every day from Tuesday, August 15, in your M-Pesa account.

This is after Central Bank of Kenya (CBK) backed Safaricom's plan to increase M-Pesa account limits to Sh500,000, taking the telco's competition to the doorsteps of digital lenders, microfinance and commercial banks.

Premium Article

Get Full Access for Ksh299/Week.

Fact-first reporting that puts you at the heart of the newsroom. Subscribe for full access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902

Follow The Standard on Google News