×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Download App

CBK fast-tracks new mobile payment system to rival M-Pesa

Close up of woman hands holding mobile phone with application to receive money. People holding smart phone and making cashless payment transaction in a shop. Close up of smartphone screen displaying payment sent with money received message.

The Kenya Kwanza government is seeking to strengthen digital finance in the country by developing a faster and more interoperable payment system to supplement Safaricom's popular mobile money giant M-Pesa.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902