Safaricom has waived fees for M-Pesa transactions below Sh1,000 due to the Coronavirus outbreak in the Country. M-Pesa users will from tomorrow morning send any amount below Ksh1,000 for free for the next 90 days.
This follows the directive by H.E President Uhuru Kenyatta to the telcos to consider reducing the cost of using mobile money during this COVID-19 outbreak.
So far, 3 people have tested positive of the novel Coronavirus in the Country, with over 6,000 deaths globally and thousands infected.
Safaricom CEO, Michael Joseph, in a statement said, “It was agreed that all person-to-person transactions below Ksh1,000 shall be free. This means that from tomorrow morning, M-PESA users will be able to send any amount below Ksh1,000 for free over the next 90 (ninety) days.”
Michael Joseph also said that CBK has also approved the increase of daily M-PESA transaction limits from the current Ksh70,000 to Ksh150,000.
Kenyans will also be able to transact up to Ksh300,000 up from the current limit of Ksh140,000 and hold up to Ksh300,000 in theft M-PESA wallets.
He also added that Safaricom was working closely with the government to provide a toll-free emergency line. “Safaricom is also working with the Government by providing a Call Center and integrating a toll-free line 719 which has been set up by the National Emergency Response Committee on Coronavirus to support Kenyans in understanding how to prevent and manage suspected cases,” he said.