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Kenyans transacted Sh18.4b daily through mobile phones

An Mpesa shop in Pipeline Estate. [Photo by James Wanzala/Standard]

Kenyans moved Sh18.4 billion daily using their mobile phones in the three months from September 2017, according to latest data from the Communications Authority of Kenya.

This amounted to a massive Sh1.65 trillion transacted over the quarter, a growth of more than half compared to Sh1.08 trillion moved over a similar period in 2016. This was despite the wait-and-see attitude adopted by businesses due to the elections this year.

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