Money order use dips 33 percent on customer shifts and tight cash

Kenyans issued fewer money orders last year due to a bigger shift by customers to other digital payment systems and reduced disposable income.

A money order is a secure alternative to cash or a personal cheque, which you can use to send money or pay bills. It works much like a cheque and is usually issued by a banking institution. You can cash or deposit a money order into a bank account.