Agent Fees:

Safaricom Registration Fee: Typically ranges from KES 1,000 to KES 2,000. Float Requirement: This is the working capital you need to handle transactions. It varies depending on the location and expected transaction volume but usually starts from KES 20,000 to KES 100,000. License and Regulatory Fees: Business License: Costs for a business permit/license can vary by county. On average, it ranges from KES 5,000 to KES 15,000 annually. Communication Authority License: If required, additional licensing from the Communications Authority of Kenya might be needed, with fees varying based on the scope of your business. Summary: Initial Setup: KES 50,000 to KES 150,000. Licenses: KES 5,000 to KES 20,000 annually. Monthly Operational Costs: KES 10,000 to KES 30,000.