Airtel increases mobile money transaction fees

A customer at a Airtel Money shop. PHOTO | FILE

Users of Airtel Money will now pay more to send and receive cash across other networks after the telco reviewed its tariffs, passing the burden of a new tax to its subscribers.

The telco that had 17.9 million subscribers in the three months to June announced yesterday that users withdrawing money between Sh101-Sh500 on other networks would spend Sh25 now, up from Sh22.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.