M-Pesa agent transactions up 28 percent

cbk-0803-vvr

Central Bank of Kenya (CBK). FILE PHOTO | NMG

Cash handled by M-Pesa agents rose 28 percent to Sh1.4 trillion in the three months to September after the State started easing restrictions imposed to curb spread of the coronavirus.

Central Bank of Kenya (CBK) data shows money handled by the agents grew from Sh1.1 trillion in similar period last year and Sh1.05 trillion in the three months to June when Kenya imposed Covid-19 lockdown measures including a daily night curfew, closure of bars and travel restrictions.

PAYE Tax Calculator

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