Skip to content
Group 227

Active user fee

Active user fee is applied by Wakandi based on the number of active members per month.

Wakandi Starter

A light and capable app to manage finances through a smartphone.

KSh 25.00 per member
per month

Wakandi Standard

A complete system to make financial management quick and secure.

KSh 50.00 per member
per month

Coming soon

Wakandi Premium

A premium version to offer a tailored experience with more customization.

KSh 100.00 per member
per month

Active user is a user of Wakandi who made at least one transaction in a given month.

Service fee

Service fee is applied by Wakandi on over-the-counter transactions (collections and disbursements) handled by the tellers.

Wakandi Starter

KSh 5.00 per transaction

Wakandi Standard

KSh 5.00 per transaction

Coming soon

Wakandi Premium

KSh 5.00 per transaction

The fee is paid by the cooperative through Wakandi Business Account (WBA).

The fee covers the expenses incurred on transaction receipts and SMS notifications.

It is a fixed fee applied on each transaction, regardless of the amount.

Convenience fee

Convenience fee is applied by Wakandi on the online transactions made through mobile money or bank accounts. The Fee follows different tiered tariffs on Collections and Disbursements according to the tables below.

 

Min. Amount Max. Amount Fee
1 99 4
100 149 7
150 249 10
250 999 15
1 000 1 999 25
2 000 2 499 30
2 500 3 999 40
4 000 7 499 50
7 500 14 999 90
15 000 Max 120

 

 

Min. Amount Max. Amount Fee
1 249 5
250 749 20
750 1 999 50
2 000 2 749 75
2 750 3 499 90
3 500 7 499 120
7 500 14 999 150
15 000 29 999 200
30 000 59 999 300
60 000 119 999 500
120 000 249 999 700
250 000 Max 1 000

 

The cooperative pays the Convenience fee on behalf of their members / customers through Wakandi Business Account (top-up wallet).

All prices listed above include taxes and are expressed in Kenyan Shillings. Please note that Mobile Network Operators may apply additional fees for transactions processed via mobile wallets. Alternatively, payment channels may incur other charges, and different taxes may apply.