M-PESA transactions comprise a variety of mobile money services that enable users to manage their finances conveniently. These services include sending and receiving money, depositing and withdrawing cash through authorised agents, and making payments for goods and services using Buy Goods or PayBill numbers. Users can also purchase airtime, transfer money between M-PESA and bank
Since its launch in 2007, Safaricom’s M-PESA has transformed how Kenyans send, receive, and manage money, eliminating distance as a barrier to financial transactions. Today, the mobile money platform supports everything from small daily payments to high-value transfers. As of 2026, M-PESA transaction costs continue to vary depending on the amount sent or withdrawn, as
Safaricom has received applications totaling Ksh 41.6 billion for the first tranche of its Medium-Term Note, an oversubscription of 175.7% against the initial Ksh 15 billion target. The company will exercise the full Ksh5 billion greenshoe, bringing total allocations for the tranche to Ksh20 billion, in line with the maximum amount approved to be taken