logo

M-Pesa revenue [Sh bn]

The telco's M-Pesa revenue increased by 19.4 per cent to Sh139.9 billion.

image
by PURITY WANGUI

News15 May 2024 - 11:33

In Summary


  • Safaricom customer deposits in its mobile money wallet, M-Pesa, fell by Sh10.6 billion to Sh263.3 billion in the six months ended March 2024.

Safaricom customer deposits in its mobile money wallet, M-Pesa, fell by Sh10.6 billion to Sh263.3 billion in the six months ended March 2024.

The four percent decline was from Sh273.9 billion held in M-Pesa at the end of September last year, even as the value of transactions on the platform hit Sh40.24 trillion.



logo© The Star 2024. All rights reserved