Payment deals settled through mobile phones and tablets in the first three months of the year rose at the slowest pace in the history of the globally-acclaimed innovation, official statistics have shown. This came at a time when businesses were complaining of depressed demand for goods and services.
Mobile payments amounted to nearly Sh1.087 trillion in the January-March 2020 period, a modest growth of Sh22.3 billion, or 2.1 percent, over Sh1.065 trillion in the same period of last year, latest statistics published by the Central Bank of Kenya (CBK) indicate.
