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