Telkom Kenya has today revealed its revised T-Kash Tariff rates that will see person-to-person transactions below KSh 100 remain zero-rated. These reviewed tariffs have been approved by the Central Bank of Kenya (CBK).
Comparative to Telkom’s pre-pandemic tariffs, the T-kash tariffs within the “send to registered off-net” category, in the following three transaction bands have been reduced: The KSh 101-500, Ksh 501-1,000 and KSh1,501-2,500 transaction bands.
Band | Pre-Pandemic Tariffs | Effective 5th March 2021 (to registered users T-kash and other Networks) |
1-49 | Free | Free |
50-100 | Free | Free |
101-200 | KSh 5 | KSh 5 |
201-500 | KSh 10 | KSh 5 |
501-1000 | KSh 15 | KSh 12 |
1501-2500 | KSh 35 | KSh 32 |
The tariffs had been 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 in light of the pandemic.
The daily T-Kash limit per transaction will remain at KSh150,000, with the daily sending limit being retained at KSh300,000 with a wallet limit access of KSH 300, 000. Any transactions between KSh50,000 up to KSh300,000 will attract a rate of KSh100. All other fees remain unchanged.
Telkom is embarking on a journey to enhance its digital financial services offering, T-kash, over the coming weeks, to make it more reflective of current customer demands, with respect to increased security, simplicity, availability and reliability.