Let's go cashless to boost integrity of payments system

Payment systems have come a long way. From the cowry-based exchange that featured thousands of years ago, trade today is underpinned by intricate domestic, regional and international networks, which continue to evolve and adapt to emerging technologies. All these advancements have made trade faster, cheaper, safer and more transparent.

Kenya’s payments system has also evolved over time and now operates within robust regulatory and monitoring frameworks, which include the Central Bank Prudential Guidelines, the National Payment System Act, and the Proceeds of Crime and Anti-Money Laundering Act.