Mobile cash transactions jumped by nearly a third last year, reflecting the impact of economic recovery and the rising uptake of cashless deals by consumers and businesses.
Central Bank of Kenya (CBK) data shows that Safaricom’s M-Pesa, Airtel Money and Telkom’s T-Kash agents handled Sh6.8 trillion in the 12 months to December, a 31.7 percent jump from Sh5.2 trillion a year earlier.
