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    Pesa Link Charges Chart (1) .Docx 23

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    gaciata Thuranira
    The document lists the transfer charges for sending money between various banks and mobile payment platforms in Kenya. It provides the fee schedules for transferring money from Equity Bank to Mpesa, Equity Bank to other bank accounts, Cooperative Bank transfers, Family Bank transfers, Absa Bank transfers, Standard Chartered Bank transfers, KCB transfers, and DTB Bank transfers. Transfer fees generally increase as the amount transferred gets larger. The maximum amount that can be sent from Equitel to Mpesa per transaction is 35,000 Kenyan Shillings.

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    Pesa Link Charges Chart (1) .Docx 23

    Uploaded by

    gaciata Thuranira
    103 views6 pages
    The document lists the transfer charges for sending money between various banks and mobile payment platforms in Kenya. It provides the fee schedules for transferring money from Equity Bank to Mpesa, Equity Bank to other bank accounts, Cooperative Bank transfers, Family Bank transfers, Absa Bank transfers, Standard Chartered Bank transfers, KCB transfers, and DTB Bank transfers. Transfer fees generally increase as the amount transferred gets larger. The maximum amount that can be sent from Equitel to Mpesa per transaction is 35,000 Kenyan Shillings.

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    pesa link charges chart (1).docx 23

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    The document lists the transfer charges for sending money between various banks and mobile payment platforms in Kenya. It provides the fee schedules for transferring money from Equity Bank to Mpesa, Equity Bank to other bank accounts, Cooperative Bank transfers, Family Bank transfers, Absa Bank transfers, Standard Chartered Bank transfers, KCB transfers, and DTB Bank transfers. Transfer fees generally increase as the amount transferred gets larger. The maximum amount that can be sent from Equitel to Mpesa per transaction is 35,000 Kenyan Shillings.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    103 views6 pages

    Pesa Link Charges Chart (1) .Docx 23

    Uploaded by

    gaciata Thuranira
    The document lists the transfer charges for sending money between various banks and mobile payment platforms in Kenya. It provides the fee schedules for transferring money from Equity Bank to Mpesa, Equity Bank to other bank accounts, Cooperative Bank transfers, Family Bank transfers, Absa Bank transfers, Standard Chartered Bank transfers, KCB transfers, and DTB Bank transfers. Transfer fees generally increase as the amount transferred gets larger. The maximum amount that can be sent from Equitel to Mpesa per transaction is 35,000 Kenyan Shillings.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 6

    EQUITEL TO MPESA CHARGES

    listed the charges you will incur when transferring money from your Equity
    Bank to Mpesa using Equitel. Equitel is a mobile payment and banking platform that was
    launched by Equity back in 2015 which allows users to send money, borrow loans, pay
    bills, check account balance and buy airtime. The maximum amount one can transfer
    from Equitel to Mpesa is Kshs 35,000 per transaction and Kshs 140,000 per day.

    EQUITY BANK SENDING TO AIRTEL MONEY/MPESA

    Range Maximum Charges

    1- 100 34.10

    101 – 500 38.50

    501- 1,000 44.00

    1,001- 1,500 49.50

    1,501- 2,500 60.50

       
    2,501 – 35,000 60.50
    EQUITY BANK SENDING TO OTHER BANK ACCOUNTS-PESA LINK

    Range Maximum Charges

    10- 500 0.00

    501– 10,000 37.0

    10,001- 50,000 62.0

    50,001- 100,000 87.0

    100,001-200,000 112.0

    200,001 – 500,001 137.0

    500,001-999,999 162.0
    COOPERATIVE BANK –PESALINK CHARGES

    Amount (KSHS) Charges (KSHS)

    10 – 500 0

    501 – 10,000 42

    10,001 – 50,000 62

    50,001 – 70,000 82

    70,001 – 100,000 82

    100,001 – 200,000 112

    FAMILY BANK PESALINK-CHARGES


    You can now conveniently transfer money or make payments directly from your Family Bank
    account to any local bank using PesaLink. PesaLink is a 24-hour digital payment solution
    offering real-time bank to bank transfers at a low cost. With PesaLink you can send or receive
    money from as low as Ksh. 10.00 to as much as Ksh. 999,999.00 instantly. It is easy to use,
    convenient and affordable.

    Minimum Amount Maximum Amount Charge


    10 1000 0
    1001 10000 50
    10001 50000 60
    50001 100000 70
    100001 200000 100
    200001 500000 150
    500001 999999 200
    Absa PesaLink Charges- Payments Rates.
    TIER TOTAL Absa PesaLink Fees (Ksh)

    Ksh. 10,001 to 50,000 50.00

    Ksh. 50,001-100,000 60.00

    Ksh. 100,001 to 200,000 70.00

    Ksh. 200,001 to 999,999 100.00

    Standard Chartered Bank PesaLink Charges


    Transaction Amount Range Charge Amount

    1 Kes 10- Kes 500 NIL

    2 Kes 501- Kes 10,000 KES 40

    3 Kes 10,001 – Kes50,000 KES 80

    4 Kes 50,001-Kes 100,000 KES 120

    5 Kes 100,001- Kes 200,000 KES 160

    6 Kes 200,001 –Kes 500,000 KES 200

    7 Kes 500,001-Kes 999,999 KES 250

    KCB PesaLink Charges


    Amount Transfer Fees

    10 – 1,000 0.00
    1,001 – 5,000 36.00

    5,001 – 10,000 48.00

    10,001 – 50,000 63.25

    50,001- 100,000 96.00

    100,001 – 200,000 120.00

    200,001 – 999,999 240.00


    DTB bank Pesalink Charges
    From 0 to 500 Zero
    From 501 to 5,000 Kshs. 70
    From 5,001 to 10,000 Kshs. 85
    From 10,001 to 100,000 Kshs. 110
    From 100,001 to 999,999 Kshs. 130

    Card networks include American Express, Discover, Mastercard and Visa. They
    facilitate credit and debit transactions between the card issuer and the merchant. In
    addition, card networks partner with card issuers for credit cards and debit cards.

    These are the average transaction costs from the top four credit card networks:

     American Express: 1.58% to 3.3%


     Discover: 1.53% to 2.53%
     Mastercard: 1.29% to 2.64%
     Visa: 1.29% to 2.54%

    Credit card processing fees


    The average credit card processing fee per transaction is 1.3% to 3.5%. The fees
    a company charges will depend on which payment company you choose
    (American Express, Discover, Mastercard, or Visa), the merchant category code
    (MCC) and the type of credit card.
    Payment network Average range of
    American Express 1.58% + $0.10 to 3.45% + $0.10
    Discover 1.48% + $0.05 to 2.53% + $0.10
    Mastercard 1.29% + $0.05 to 2.64% + $0.10
    Visa 1.29% + $0.05 to 2.54% + $0.10

    Assessment fees

    Major credit card providers receive assessment fees. For example, if you have a Capital
    One Visa credit card, Visa receives the assessment fee on every transaction.

    The major networks’ average credit card assessment fees fall at or around 0.14%,
    broken down in this table:

    Payment network

    American Express 0.15%

    Discover 0.13%

    Mastercard 0.1375% for transacti

    Visa 0.14%

    Interchange fees

    The bank that issues your credit card receives an interchange fee on every transaction.
    In the case of the Capital One Visa credit card, Capital One would receive the
    interchange fee.

    Interchange fees are set by each network and change every year in April and October.
    The average credit card interchange fee is 1.5% to 3.3%, as you can see in the table
    below.
    Payment network Interchange

    American Express 1.43% + $0.10 to 3.3% + $0.10

    Discover 1.35% + $0.05 to 2.4% + $0.10

    Mastercard 1.15% + $0.05 to 2.5% + $0.10

    Visa 1.15% + $0.05 to 2.4% + $0.10

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