The Central Bank of Kenya (CBK) is proposing to reduce mobile money transaction fees from an average of KES 23 to KES 10 by 2028, as outlined in the National Financial Inclusion Strategy (NFIS) 2025–2028. This move aims to make financial services more accessible and affordable for Kenyans.

• The proposed reduction will impact services like M-Pesa and Airtel Money, targeting an average fee of KES 10 by 2028.
• The CBK, in collaboration with government and private sector entities including Safaricom and Airtel, seeks public feedback on this draft strategy.
• Kenyans have until Thursday, October 9, 2025, to submit their views on the proposed fee cuts and broader financial inclusion measures.