Loop is a digital banking service from NCBA that helps you manage your finances on the go, it offers you a full banking service delivered through mobile and web experience. But what are the transaction charges on the platform?
Just like most other digital banking services, you can easily make payments or transfer money to your M-Pesa or bank account instantly using Loop. You can also pay bills, pay merchants, and pay M-Pesa Till numbers.
The app also tracks and analyzes spending patterns, lets you set up goals, invest and take loans.
M-Pesa to Loop Paybill Charges
As mentioned earlier, you can directly deposit money from your M-Pesa to Loop through pay bill 714777, but it will cost you a hefty penny.
|Amount (KES)||Charges (KES)|
|0 – 49||1|
|50 – 100||2|
|101 – 999||23|
|1,000 – 2,4999||34|
|2,500 – 4,999||56|
|5,000 – 9,999||85|
Find the full NCBA Loop Tariff below.