×
App Icon
The Standard e-Paper
Kenya's Bold Newspaper
★★★★ - on Play Store
Download Now

Half of Kenyan adults using mobile phones to make payments

More than half of Kenyan adults use mobile phones to carry out payment transactions, a new World Bank report states.

The 2014 Global Findex report released yesterday reveals that out of 75 per cent Kenyan adults who have accounts with various financial facilities, 58 per cent have mobile money accounts. The adults do their financial transactions using mobile phones such as to pay for goods and services.

Get Full Access for Ksh299/Week
Unlock the Full Story — Join Thousands of Informed Kenyans Today
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in