Mobile cash payments rise by Sh268bn

Mobile cash transactions expanded by Sh267.52 billion in first 11 months of 2017 compared with the same period in 2016. FILE PHOTO | NMG

Mobile cash transactions expanded by Sh267.52 billion in first 11 months of 2017 compared with the same period in 2016.

Fresh data from the Central Bank of Kenya (CBK) Thursday showed mobile payments hit nearly Sh3.31 trillion in the period or 8.8 per cent higher.

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