Airtel raises mobile money limit to Sh500,000 after Safaricom move

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Airtel Money Kenya Managing Director Anne Kinuthia-Otieno makes her remarks during the launch of an affordable insurance cover provided by Britam and Airtel Money at Dagoretti Corner on August 9, 2023. PHOTO | FRANCIS NDERITU | NMG

Airtel has more than tripled the daily transaction limits on its mobile money platform Airtel Money, coming just a day after dominant rival Safaricom received regulatory approval to effect similar changes.

Airtel said effective Tuesday, customers would be allowed to deal Sh500,000 daily up from the previous limit of Sh300,000 while the limit per transaction was retained at Sh150,000.

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