Nairobi, March 5, 2021: All Person-to-Person transactions below KSh 100 in Telkom’s reviewed mobile money tariffs will 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
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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.
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About Telkom
Telkom connects the people that keeps Kenya on the move. It does this by providing integrated telecommunications solutions to individuals, Small and Medium-sized Enterprises (SMEs), Government and large corporates in Kenya, drawing from a diverse solutions suite that includes voice, data/connectivity, digital financial services, as well as network services. Powered by its vast fibre optic infrastructure, it is also a major provider of wholesale carrier-to-carrier traffic, within the country and the region.
These services are primarily offered through our Service Delivery Units: Digital (that offers: Data Centre Services, Cloud, Managed Services, Connectivity, Broadband, Carrier-to-Carrier traffic, and Backbone Infrastructure); Consumer (that offers: Data, Voice, VAS, and Content) and Digital Financial Services (through our platform T-kash).
Telkom is also building on strong, consumer-centric ethos and is committed to providing innovative, accessible and refreshingly simple communications solutions that suit customers’ everyday communication needs.
Established as a telecommunications operator in April 1999, Telkom is 60 per cent owned by Helios Investment Partners, with the remaining stake held by Kenyans through the Government of Kenya. Telkom has 4,152 km of its own terrestrial fibre cabling, serving as a key conduit for broadband connectivity, inland. Telkom Kenya also owns a 22.5% stake in TEAMS, a 5,000km undersea fibre optic cable through Fujairah, UAE, and a 10% stake in LION2, another 2,700km undersea fibre optic cable through Mauritius. It also owns a stake in the East African Submarine System Cable (EASSy) and manages the National Optic Fibre Backbone Infrastructure (NOFBI), on behalf of the Ministry of ICT, an inland fibre optic cable network running through Kenyan counties. Telkom is also the landing partner for the LION2, EASSy, and DARE 1 Cables.
Please visit www.telkom.co.ke to get to know more about Telkom.
For clarification, please contact: George MLAGHUI | gmlaghui@telkom.co.ke
Follow Telkom on Twitter: @TelkomKenya