When COVID-19 struck a lot of things changed. This includes how mobile money operations worked. Most Telcos had to make all transactions under KES 1,000 free and mobile bank transactions free. All in a bid to help ease the pressure on Kenyans. Now that times look to be looking brighter, companies like Telkom are revising their T-Kash transaction fees.
Telkom aims to reintroduce a small fee for transactions that had been free for nearly a year now.
Telkom Revise 2021 T-Kash Transaction Fees
Here are the new charges, effective from today, March 5 2021;
|Min||Max||Sending to Registered user (T-Kash and other networks)||Sending to unregistered user||Withdrawal fees|
Things to note
- There are no charges for transactions under KES 100 (Only withdrawal charges)
- The daily T-Kash limit per transaction remains at KES 150,000.
- The daily sending limit is still at KSh 300,000 with a wallet limit access of KES 300, 000.
- Also, note that any transactions between KSh 50,000 up to KSh 300,000 will attract a rate of KES 100. All other fees will remain the same.