MPESA agent commissions : This is how much you will make

In an attempt to fight the insufficient float issue, Safaricom adjusted its MPESA agent commissions that has been plaguing certain elements in the market for long.

As a result, agents with adequate float will end up pocketing more than their peers so long as they have a good customer base.

Here is a complete analysis of the mpesa agent commissions for both deposits and withdrawals.

MPESA agent commissions table:   Deposit transactions

Amount (transaction band) Mpesa agent Commission in sh.
50-100 4
101-510 8
511-1,010 9
1,011-1,510 10
1,511-2,510 11
2,511-3,510 12
3,511-5,010 14
5,011-7,510 20
7,511-10,010 28
10,011-15,010 40
15,011-20,020 55
20,021-25,020 71
25,021-30,020 87
30,021-35,020 103
35,021-40,020 119
40,021-45,020 135
45,021-50,020 150
50,021-60,020 190
60,021-70,000 190

Overall, the commissions on deposits range between 12 to 17%.

Safaricom also intended to minimize cases of deposit split, a problem which has been eating into the Telco’s profits as a result of paying undue commissions.

Let’s now look at the new mpesa agent commissions table, this time for withdrawals made by both registered and unregistered users.

MPESA agent commissions: withdrawals

Withdrawal amount Registered Users Unregistered Users
10-49 N/A N/A
50-100 Shs. 5 N/A
101-500 Shs. 8 Shs. 8
501-1000 Shs. 10 Shs. 10
1,001-1500 Shs. 12 Shs. 12
1,501-2500 Shs. 15 Shs. 15
2,501-3500 Shs. 20 Shs. 20
3,501-5000 Shs. 25 Shs. 25
5,001-7500 Shs. 30 Shs. 30
7,501-10000 Shs. 35 Shs. 35
10,001-15000 Shs. 45 Shs. 45
15,001-20000 Shs. 60 Shs. 60
20,001-25000 Shs. 65 Shs. 65
25,001-30000 Shs. 70 Shs. 70
30,001-35000 Shs. 70 Shs. 70
35,001-40000 Shs. 100 Shs. N/A
40,001-45000 Shs. 150 N/A
45,001-50000 Shs. 180 N/A
50,001-70000 Shs. 200 N/A

 

Safaricom, however, didn’t alter its payment schedule so agents will still receive their earnings at month end.

As always, the secret to boosting your income is to execute as many transactions as possible.

ALSO READ: MPESA daily limit: All you need to know

 

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