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Wireless

Kenyan mobile money transactions reach record KES 392 bln in June

Wednesday 5 August 2020 | 10:08 CET | News
The value of mobile money transactions in Kenya reached a record monthly high of KES 392.2 billion in June, or an average of KES 13.1 billion worth of transactions per day, according to the Central Bank of Kenya (CBK). The figure was revealed in CBK statistics for the first six months of 2020. The record is largely attributable to the push for cashless transactions during the Covid-19 pandemic and coincides with a recovery in the value and number of transactions after dips in April and May. 

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Categories: Mobile & Wireless
Countries: Kenya
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