BANKING NEWS INTERNATIONAL
Kenya mobile money transactions
grow by over
50%
NAIROBI
The amount of money transacted by Kenyans using their mobile
phones grew by over 50% to hit Sh1.4 trillion (US$16.027 million)
in the financial year ended 30 June, 2012, Kenyan Central Bank
data shows. The rapid growth of the mobile phone money
transfer service usage from the Sh919 billion mark in 2011 was
helped by a 39.51% growth in the number of transactions. The
number of transactions increased from 364.06 million in a year
(30 June, 2011) to 507.90 million transactions (30 J չ