Mpesa Agent Agreement Form
Description
How to fill out Mpesa Agent Agreement Form?
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FAQ
MPESA agent commission table: deposit transactions. Applicable Commission in sh. On average, the deposit commissions range between 12-17% across the various transaction bands.
The following are the requirements for appointment as an authorized M2010PESA agent. Prospective agent must be registered as a LIMITED company or equivalent with at least 3 outlets ready to offer M2010PESA under the company names. The company MUST have traded for a minimum period of 6 months.
Agents earn a commission from Safaricom whenever they make deposits or withdrawals for their clients. Even though clients deposit money into their accounts for free, Safaricom still pays commission to Mpesa agents performing this service.
As a sub-dealer, you are required to maintain a minimum M-Pesa float of Ksh. 30,000 on your M-Pesa Till line. You will also be required to avail some documents which include a National Identity card, Certificate of Good Conduct, and Business Name, in order to get the sub-dealer line.
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