MPESA commission rates for the year 2022 have been released. Based on the current rates, Ksh 50 to Ksh 100 attract Ksh4 commission. If you transact Ksh 150, 000, you earn Ksh 190.
The good thing about MPESA is that the more the transactions, the higher the amounts earned by agents. Every agent prays to get many small truncations as opposed to few huge transactions.
The commission amounts earned by agents in 2022 are as follows:
| Amount (transaction band) | Applicable Commission in Ksh. |
| 50-100 | 4 |
| 101-510 | 8 |
| 511-1,010 | 9 |
| 1,011-1,510 | 10 |
| 1,511-2,510 | 11 |
| 2,511-3,510 | 12 |
| 3,511-5,010 | 14 |
| 5,011-7,510 | 20 |
| 7,511-10,010 | 28 |
| 10,011-15,010 | 40 |
| 15,011-20,020 | 55 |
| 20,021-25,020 | 71 |
| 25,021-30,020 | 87 |
| 30,021-35,020 | 103 |
| 35,021-40,020 | 119 |
| 40,021-45,020 | 135 |
| 45,021-50,020 | 150 |
| 50,021-70000 | 190 |
| 70,001-150,000 | 190 |
To become an agent, you need a capital of Ksh 80,000 and above. The most challenging thing is to get your own line and a location with heavy human traffic. Towns like Nairobi, Mombasa, Eldoret, Kisii, Kisumu and Nakuru are the best for this business.
Another challenge is the risk involved while doing business. You can be attacked by thugs and lose all the money for the day. It’s important to install CCTV and place the shop where the level of insecurity is low.
With a busy MPESA shop, you’ll earn over Ksh 3,000 per day. But you also need to incorporate bank agency business in order to boost your profits.
