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Slide of the month March – Kenyan mobile money use

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Marc Zander
Marc Zander

Kenya mobile money transactions continue to register strong growth while plastic card use remains stagnant.

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112/05/2017 The use of mobile money and plastic cards in Kenya In Kenya,mobile moneydominatesthe financial market and competes the use of plasticcards in payments. © africon GmbH 2017 Source:businessdailyafrica(2017) 7 11 15.1 19 24 28 34.9 5 5.5 10 15.5 12.5 13 14.8 0 5 10 15 20 25 30 35 40 2010 2011 2012 2013 2014 2015 2016 mobile money plastic cards Kenyanpayments by transfer system (in billions of USD)

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Slide of the month March – Kenyan mobile money use

  • 1. 112/05/2017 The use of mobile money and plastic cards in Kenya In Kenya,mobile moneydominatesthe financial market and competes the use of plasticcards in payments. © africon GmbH 2017 Source:businessdailyafrica(2017) 7 11 15.1 19 24 28 34.9 5 5.5 10 15.5 12.5 13 14.8 0 5 10 15 20 25 30 35 40 2010 2011 2012 2013 2014 2015 2016 mobile money plastic cards Kenyanpayments by transfer system (in billions of USD)