Mpesa Charges 2023: Vodacom Tanzania Mpesa Rates and Tariffs

Curious about the latest Mpesa charges in Tanzania? Get all the latest details on Vodacom’s Tanzania Mpesa rates and tariffs for 2023!

Here are the Mpesa Charges 2023 from Vodacom Tanzania that you can always look up and use when transacting on your mobile phone.

The below list includes Mpesa Withdrawal Charges, Sending Charges, and All Mpesa charges and Rates updated in 2023.

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Where would Tanzanians be without M-Pesa? That is a good question for another day. 

Tanzania’s Vodacom M-Pesa is one innovation that has helped millions over the years. Recently Vodacom Tanzania revised its Mpesa charges, and you will have to pay more to send or receive payments on your mobile phone.

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This guide shares everything you need to know about Mpesa Charges 2023: Vodacom Tanzania Mpesa Rates and Tariffs. 

Let’s dive in!

Mpesa withdrawal charges 2023 (TSh)

Do you want to Withdraw money from M-Pesa and are interested to know the new Mpesa Withdrawal charges for 2023 and the government levy imposed on the transactions? I have listed the charges in a clear table for you to check out.

Here are the current M-Pesa Withdrawal Charges from an Agent in 2023:

Mpesa sending charges to unregistered users

These are the Mpesa sending charges for 2023: The below list is the Mpesa charges for sending money to unregistered users.

Mpesa charges for sending money to Mpesa users

M-Pesa sending charges depend on the amount of money being transferred. There is a difference between the registered users of the service and not.

Makato Mapya ya Miamala kwa Watumiaji Wa Vodacom M-pesa

For Mpesa customers, sending Sh15,000 to an unregistered customer, deductions will be Sh970 from Sh360 while costing Sh2,820 to an unregistered customer from Sh2,210.

To other networks, the amount will be paid Sh1,160 from the existing Sh550 and those transferred to their bank accounts will be deducted Sh1,810 instead of the existing Sh1,200. To pay that amount to an agent or ATM, they will be deducted Sh2,060 from Sh1,450.

M-Pesa Overview

M-Pesa is a mobile payment system that lets users send and receive money using their mobile phones.

The service was launched in 2007 by Safaricom, a leading telecommunications provider in Kenya. Since its launch, M-Pesa has become one of the most popular mobile payment systems globally, with over 30 million users in Kenya alone.

M-Pesa allows users to send money to any other user with a registered mobile phone number. Users can also use M-Pesa to pay for goods and services or withdraw cash from ATMs.

In addition, M-Pesa provides a platform for businesses to disburse payments to their employees and suppliers.

The success of M-Pesa has inspired similar mobile payment systems in other countries, such as Tanzania and Uganda.

Conclusion: Mpesa Charges 2023

M-Pesa is a revolutionary mobile payment system that has changed how Tanzanians send and receive money. The service is convenient, safe, and affordable, making it a popular choice for individuals and businesses.

While some charges are associated with using M-Pesa, these are typically very reasonable.

The service has enabled Tanzania to become among the top leader in mobile payments and has inspired similar systems in other countries. Other technological developments in the Fintech sector are growing thanks partly to M-Pesa’s success.

There is no doubt that M-Pesa has positively impacted Tanzania, and its success story is an inspiration to other developing countries.

FAQ About Mpesa