The revised tariffs will be effective on January 1, 2023.
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It aims to “facilitate additional opportunities to expand financial inclusion” across the next five years,”
DTB’s continued opening of new branches across the country will increase its footprint and access to many customers.
Despite Kenya’s steady remittance inflows and the recovery in tourism, the current account deficit increased as surging commodity prices pushed imports to an all-time high.
The charges were waived on March 16, 2020, prompted by the COVID-19 pandemic and the expansion of the payments ecosystem.
M-PESA Go will enable young users between 10 to 17 years old to send or receive money, buy airtime and bundles, use Lipa na M-PESA services and access the M-PESA Go App, a customized version of the M-PESA Super App.