Absa raises daily transaction cap on Timiza to Sh500,000
Absa Bank Kenya has announced an increase in transaction limits on its Timiza wallet, offering customers the chance to transact up to Kes500,000 per day. The move is aimed at offering customers more flexibility and convenience in managing their finances. With these new changes, the maximum amount one can transact in a single transaction on Timiza has been raised to Kes250,000 from Kes150,000. Additionally, the daily transaction limit has been increased to Kes500,000 from Kes300,000. Steve Omamo, Head of Digital Channels at Absa Bank Kenya, notes that this move aligns with recent adjustments in mobile money transaction limits and changing consumer preferences “Our key priority
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