The value of mobile money transactions in Kenya increased by Sh750.3 billion in the eight months leading to August 2024, reaching a total of Sh5.84 trillion.

• Mobile money users conducted 214.25 million transactions, up from 204.17 million.
• Data from the Central Bank of Kenya highlights the significant role of mobile platforms, particularly M-Pesa, which dominates the market.
• The removal of the transaction code requirement for Airtel Money in February contributed to increased transaction volumes.