Kenyan Wall Street | by Jackson Okoth
Kenyans now make less use of Automated Teller Machines (ATMs) and have instead shifted their transactions to mobile payments and other cashless platforms, says data from the Central Bank of Kenya (CBK).
For instance, the value of transactions, using prepaid cards at the ATMs stood at KSh 194.25 Million in March 2020 compared to KSh 180 Million in December 2020.
Value of cash moved through the use of credit cards at the ATM also declined from KSh 611 Million to KSh 579 Million between…
