Step up corona mitigation response

In every crisis, there is always a silver lining and that has been the private sector in helping mitigate the coronavirus pandemic at the cost of their revenues.

First was payment service providers (PSPs) of mobile money setting measures that will facilitate increased use of mobile money transactions instead of cash such as eliminating charges on mobile money transactions up to Sh1,000. The current tariff for Sh70,000 transactions to apply to a limit of up to Sh150,000.