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JamboPay gets CBK nod for limit hike

Jambopay CEO Danson Muchemi during a previous interview with the Standard at his office in Nairobi. [Elvis Ogina,Standard]

The Central Bank of Kenya (CBK) has approved JamboPay's request for higher mobile wallet transactional limits.

The JamboPay mobile wallet limits will now be increased from a daily maximum limit of Sh300,000 to Sh500,000 effective August 15, 2023.

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