Mobile money agents handle Sh5.9trn in nine months

MPESA

A customer transacting using a mobile phone at M-Pesa agent in Nairobi. FILE PHOTO | NMG

Cash mobile money agents handled in the nine months to September went up by 17.6 percent, indicating the growing mobile money penetration in Kenya.

The Central Bank of Kenya (CBK) data show the transactions were recorded at Sh5.91 trillion, up from Sh5.03 trillion in similar period in 2021, doubling in four years.

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