Understanding M-PESA Paybill Standard Tariffs in Kenya: A Business Owner’s Guide
An M-PESA Paybill is a dedicated virtual account that allows businesses to receive payments from M-PESA users seamlessly. Business Bouquet Tariff: In this model, the business bears all transaction costs. Customer Bouquet Tariff: The Customer Bouquet Tariff shifts the transaction fee burden entirely to the paying customer. However, for a lower volume of larger transactions, a Customer Bouquet Tariff or Mgao Tariff could be more sustainable. However, for a lower volume of larger transactions, a Customer Bouquet Tariff or Mgao Tariff could be more sustainable.
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