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Mobile money dims use of debit cards in Kenya

The use of payment cards in Kenya has shrunk despite the rising number of people acquiring the cards. This is after users stifled use of the cards since the start of the year, with the value of transactions registering a huge decline.

According to new official figures from Central Bank of Kenya (CBK), the use of the cards is facing turbulent times as  more people  holding them avoid to shop or pay for services using the system.

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