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Court bars banks and telcos from charging mobile fees

Fashion and Beauty
 Equity Bank Branch ATM Services along Kimathi Street. [Wilberforce Okwiri, Standard]

The High Court in Nairobi has barred banks and mobile service providers from effecting money transfer charges.

Justice Mugure Thande ordered that lenders and telcos should wait until January 23 when a case filed by Moses Wafula will be heard.

Mr Wafula is seeking to have telcos and banks barred from re-introducing charges for mobile wallet and bank transactions as directed by the Central Bank of Kenya through a December 6 press release.

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