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    1.0.32

    Kenya; Most Public institutions Haven't Embraced Mobile Money Services

    The Kenyan
    By The Kenyan Wall Street
    - May 04, 2017
    - May 04, 2017
    Kenya Business news

    The Kenya National Bureau of Statistics (KNBS) has carried out a survey to determine the use of mobile money among public institutions. The survey findings reveal that mobile money accounts which include M-pesa, Airtel Money and Orange money were not common in public institutions.

    About 2 in 10 surveyed institutions reported to have a mobile money account with Learning Institutions and State Corporations posting the highest proportions at 45.7 per cent and 41.2 per cent, respectively.

    The Kenyan Wallstreet

    Proportion of public institutions with mobile payment accounts.

    Overall, 20.7 per cent of Kenya’s public sector institutions had a mobile payment account. The highest proportion of institutions with mobile payment account were Learning Institutions at 48.6 per cent and State Corporations at 44.5 percent with few institutions from National government (5.3 per cent) reporting to have had an account.

    The Kenyan Wallstreet

    The Kenyan Wall Street

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