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Originally published by Capital Business
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business
July 28, 2025
5d ago

How a cashless approach builds trust and efficiency in businesses

How a cashless approach builds trust and efficiency in businesses

By Nzola Miranda NAIROBI, Kenya, July 28 - There was a time when cash was king. But that kingdom is quickly fading, and in its place stands a new order Kenya breaking news | Kenya news today |..

✨ Key Highlights

Kenya is rapidly transitioning to a cashless economy, driven by the widespread adoption of mobile money and digital payment systems. This shift is enhancing trust, efficiency, and financial inclusion for businesses and consumers across the country.

  • 45.36 million mobile money subscriptions by March 2025, representing nearly 80 percent of Kenya's adult population.
  • Key organizations involved include Safaricom (with M-PESA), Visa, Mastercard, and MultiChoice Kenya.
  • MultiChoice Kenya recently announced a full embrace of a cashless system to improve customer experience and streamline operations.

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