The mobile money market is growing steadily in Kenya. The total value of mobile money transactions from business to business (B2B) reached 16.75 billion U.S. dollars in the fourth quarter of 2020. Even though citizen to government (C2G) and government to citizen (G2C) have the lowest transaction values, it has increased in the last quarters amounting to 123 and 67 million U.S. dollars respectively.
Value of mobile money transactions in Kenya from 4th quarter 2019 to 4th quarter 2020, by transaction type
(in billion U.S. dollars)
Characteristic
C2B Transfers
B2C Transfers
B2B Transfers
C2G Transfers
P2P Transfers
G2C Transfers
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Communications Authority of Kenya. (May 10, 2021). Value of mobile money transactions in Kenya from 4th quarter 2019 to 4th quarter 2020, by transaction type (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1236147/quarterly-mobile-money-transaction-value-in-kenya-by-transaction-type/
Communications Authority of Kenya. "Value of mobile money transactions in Kenya from 4th quarter 2019 to 4th quarter 2020, by transaction type (in billion U.S. dollars)." Chart. May 10, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1236147/quarterly-mobile-money-transaction-value-in-kenya-by-transaction-type/
Communications Authority of Kenya. (2021). Value of mobile money transactions in Kenya from 4th quarter 2019 to 4th quarter 2020, by transaction type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1236147/quarterly-mobile-money-transaction-value-in-kenya-by-transaction-type/
Communications Authority of Kenya. "Value of Mobile Money Transactions in Kenya from 4th Quarter 2019 to 4th Quarter 2020, by Transaction Type (in Billion U.S. Dollars)." Statista, Statista Inc., 10 May 2021, https://www.statista.com/statistics/1236147/quarterly-mobile-money-transaction-value-in-kenya-by-transaction-type/
Communications Authority of Kenya, Value of mobile money transactions in Kenya from 4th quarter 2019 to 4th quarter 2020, by transaction type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1236147/quarterly-mobile-money-transaction-value-in-kenya-by-transaction-type/ (last visited July 22, 2024)
Value of mobile money transactions in Kenya from 4th quarter 2019 to 4th quarter 2020, by transaction type (in billion U.S. dollars) [Graph], Communications Authority of Kenya, May 10, 2021. [Online]. Available: https://www.statista.com/statistics/1236147/quarterly-mobile-money-transaction-value-in-kenya-by-transaction-type/