Safaricom has just got the green light from the Central Bank of Kenya to raise the limit for M-Pesa transactions.
Before, you could only send a maximum of Sh. 150,000, but now you can send up to Ksh. 250,000.
This means you can do bigger transactions using M-Pesa.
It’s not just sending money; you can also use this higher limit for buying goods, paying bills, and any other transactions you need to do.
Peter Ndegwa, the CEO of Safaricom, is happy about this change.
He says it’s all about making life easier for customers and businesses.
He said, “We welcome the move by the Central Bank of Kenya to increase M-PESA transaction limits to Sh. 250,000.
The increased transaction limits are a timely intervention as they will provide customers and businesses with additional convenience when doing business empowering them to do more from their phones.”
This isn’t the only good news from Safaricom.
They also got permission to raise the daily limit for M-Pesa to Sh. 500,000.
So now, you can send more money and do more with your M-Pesa account.
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