An authorized Airtel Money agent earns a commission whenever an Airtel customer or non-customer deposits money or withdraws money at the agent’s kiosk through Airtel Money service.
The commission earned by the Airtel Money agent performing the transaction depends on the amount of money deposited or withdrawn by the customer.
Deposit commission range from 30 shillings when a customer deposits Ksh. 500 to 1,500, and Ksh. 990 for deposits between Ksh. 300,001 and Kh. 500,000.
Read: Safaricom Mpesa Agent Commission Rates.
Withdrawal commissions range from Ksh. 44 to Ksh. 1,080 for both Airtel and non-Airtel customers. Therefore, you get bigger commissions when customers withdraw than when they deposit.
You need to apply and register first before you become an authorized Airtel money Agent in Kenya, by meeting the Airtel Money minimum requirements set and availing all the required documents to the nearest Airtel Shop.
Airtel Money Agent Commission Chart
The charts indicate that the Airtel Money agents might not earn any commissions on all deposits and withdrawals below 500 Kenya shillings.
Commission Earned on Deposits
Min | Max | Agent Commission |
---|---|---|
500 | 1,500 | 30 |
1,501 | 5,000 | 60 |
5,001 | 10,000 | 80 |
10,001 | 20,000 | 110 |
20,001 | 30,000 | 140 |
30,001 | 50,000 | 230 |
50,001 | 75,000 | 370 |
75,001 | 150,000 | 630 |
150,001 | 300,000 | 940 |
300,001 | 500,000 | 990 |
Airtel Money Commission Earned on Withdrawals
When a registered Airtel Money customer or a customer who is not registered withdraws money at your kiosk, you will earn a commission according to the following Airtel Money withdrawal agent commission chart:
Min | Max | Agent Commission |
---|---|---|
500 | 1,500 | 44 |
1,501 | 5,000 | 97 |
5,001 | 10,000 | 115 |
10,001 | 20,000 | 142 |
20,001 | 30,000 | 188 |
30,001 | 50,000 | 277 |
50,001 | 75,000 | 408 |
75,001 | 150,000 | 716 |
150,001 | 300,000 | 1,069 |
300,001 | 500,000 | 1,080 |
To maximize earnings from your Airtel Money business, you need to set up your Airtel Money kiosk at a very strategic place, especially where you are likely to get frequent transactions or big deposits and withdrawals.
You can also incorporate Airtel Money services at your outlet with other products and services like Equity Bank ageny business, KCB Bank agent business, or Co-operative Bank agency.
See also:
- Airtel Money Transfer Withdrawal and Sending Charges
- How to Request for MPesa Transaction Reversal
- How to Simply Send Money from Airtel Money to Mpesa
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