Mobile Money Geography of Kenya

Kenya is arguably the seat of mobile money innovation in Africa. This is where it stands today, courtesy of Equity Bank


  • 20M mobile subscribers; 12M (60%) mobile money subscribers since inception in 2004
  • No. of Mobile Money payment points countrywide – 71,800
  • Volumes per year for Mobile Money – Ugx. 2.28 Trillion (2010)
  • No. of Mobile Money transactions per day – 1.2 Million


From the plot above, Kenyans could spend up to 15% on low value transaction fees. Notice that the plot is step plot. That means as you move right, it steps the difference in cost. For a transaction of 90,000, the transaction cost is about 5%  whereas for 10,000 it is 14% for Orange Money.

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