Home Business M-Pesa agent transactions up 28 percent

M-Pesa agent transactions up 28 percent

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Business Daily | by John Mutua

Cash handled by M-Pesa agents rose 28 percent to Sh1.4 trillion in the three months to September after the State started easing restrictions imposed to curb spread of the coronavirus.

Central Bank of Kenya (CBK) data shows money handled by the agents grew from Sh1.1 trillion in similar period last year and Sh1.05 trillion in the three months to June when Kenya imposed Covid-19 lockdown measures including a daily night curfew, closure of bars and travel restrictions…

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