0
Wireless

Kenya gains nearly 3 mln mobile money customers between February and October

Monday 21 December 2020 | 10:39 CET | News
Kenya gained another 2.8 million mobile money customers between February and October, Central Bank of Kenya (CBK) has revealed. This followed emergency measures to facilitate mobile money transactions announced on 16 March in response to Covid-19, which removed transaction charges for amounts less than KES 1,000.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Countries: Kenya
::: add a comment
This article is part of dossier

Coronavirus


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Kenyan mobile money transfers rise 20 percent in 2020

Published 05 Feb 2021 10:26 CET | Kenya
People in Kenya transferred a record KES 5.21 trillion on mobile phones in 2020 as digital transaction adoption increased in bid ...

Kenyan banks lose KES 1.2 bln card payment revenues to mobile money since March 2020

Published 21 Jan 2021 09:31 CET | Kenya
Top banks in Kenya have warned of an expected significant drop in net earnings for the year 2020, citing deteriorating economic ...

Central Bank of Kenya ends free mobile money transfers below KES 1,000, still free below KES 100

Published 18 Dec 2020 10:26 CET | Kenya
The Central Bank of Kenya (CBK) has lifted the waiver on mobile money transaction fees under KES 1,000 from January. CBK says ...

Kenyan mobile money agent transactions rise 9% in October

Published 07 Dec 2020 09:55 CET | Kenya
Cash handled by mobile money agents in Kenya exceeded KES 528 billion in October, amid continuing adoption of digital payments to ...

Safaricom seeks deal with Central Bank of Kenya over extension of free M-Pesa transactions

Published 16 Nov 2020 09:49 CET | Kenya
Safaricom and commercial banks are seeking a deal with the Central Bank of Kenya (CBK) to avoid a unilateral regulatory extension ...





Calendar   /   Industry Events

20 Apr Grameenphone Q1 2021
20 Apr Netflix Q1 2021
20 Apr Atos Q1 2021
20 Apr Iridium Communications Q1 2021
20 Apr Apple 'Spring Loaded' event
21 Apr HKBN H1 results
21 Apr Crown Castle Q1 2021
21 Apr Netgear Q1 2021
21 Apr Elisa Q1 2021
21 Apr Orange Belgium Q1 2021
21 Apr Verizon Q1 2021
21 Apr Rogers Communications Q1 2021
21 Apr Comcast Q1 2021
21 Apr Ericsson Q1 2021
21 Apr Vivendi Q1 2021
21 Apr Proximus AGM
22 Apr Tele2 Q1 2021
22 Apr AT&T Q1 2021
22 Apr Orange Q1 2021
22 Apr VeriSign Q1 2021
22 Apr Snap Q1 2021
22 Apr Nordic Entertainment (NENT) Q1
22 Apr Intel Q1 2021
22 Apr FCC meeting
23 Apr Telia Q1 2021
25 Apr Vodafone Qatar Q1
26 Apr SBA Communications Q1 2021
::: More Calendar Items