By JAMES KAHONGEHMore by this AuthorAs the popularity of mobile money gathers steam in the country, Safaricom’s dominance continues to grow, with about 26.9 million M-Pesa active subscribers every month. GREEN ENERGYAdvertisementStatistics from the Central Bank of Kenya indicate that the mobile money is the leading mode of cashless payments in the country, as more Kenyans embrace technology. In its contribution to the country’s healthcare, the M-Tiba service has made it easier for Kenyans to access services by saving money through their mobile phones. Safaricom continues to gain on its money transfer behemoth, with a total of 18 million M-Pesa transactions daily. The era of mobile money has seen the gap between the rural and urban users of financial services dramatically closed.

Source: Daily Nation October 12, 2019 07:52 UTC