Telkom Plaza Head Office [Wilberforce Okwiri, Standard]All person-to-person transactions below Sh100 in Telkom’s reviewed mobile money (T-Kash) tariffs will remain zero-rated. The company said the tariffs have been approved by the Central Bank of Kenya and fall into three bands up to a maximum of Sh2,500. The charges were waived last year with the view of encouraging the use of mobile money and other forms of cashless payments, thereby minimising the use of physical cash to curtail the spread of Covid-19. The daily T-Kash limit per transaction will remain at Sh150,000, with the daily sending limit being retained at Sh300,000 with a wallet limit access of Sh300,000. Mobile money has become a key revenue stream for telcos as customers seek convenience in cash transfers.

Source: Standard Digital March 05, 2021 20:26 UTC