The rise and rise of M-Pesa. Having witnessed it, the usage and acceptance within the Kenyan society is just amazing. Kenya has about 19 Million users (about the same as bKash), it would be interesting to see who would emerge as the darling of mobile payments for 2016.
Kenyans transacted Sh2.3 trillion ($23 billion) on mobile money in the period leading to October, a rise of Sh408 billion ($4 billion) from a similar period last year, latest data from the Central Bank of Kenya shows.
This page was last updated on January 4, 2016.