Payments made using plastic cards slowed down further last year as the gap between mobile money and swiping to settle bills continues to widen, driven by convenience of phone-based cash.
Card payments posted a sluggish 3.6 per cent growth to Sh1.39 trillion in 2016, slower than the 6.6 per cent jump registered a year earlier, according to latest data from the Central Bank of Kenya (CBK).
