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CBK to push for more competition against M-Pesa in new strategy

National Payments Strategy aims to increase choice for customers by removing dominance. [iStockphoto]

The Central Bank of Kenya (CBK) will in the next four years work towards curtailing the dominance of M-Pesa by increasing competition to offer choice to customers.

This is part of its second National Payments Strategy for the period between 2022 and 2025 unveiled yesterday.

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