ATM use halves over pandemic

A StanChart ATM lobby along Kenyatta Avenue in Nairobi. FILE PHOTO | NMG

The use of ATMs in Kenya has halved in the wake of coronavirus as Kenyans opt for contactless payment systems, a survey by Standard Chartered Plc has revealed.

The survey across 12 markets including Kenya has shown that the Covid-19 pandemic has accelerated the adoption of non-cash channels as consumers reduce their exposure to the highly infectious disease.

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Note: The results are not exact but very close to the actual.