• Latest
  • All
  • How To
Kenyans transacted 122 Million times via Mobile Money in transactions worth 290 Billion

Kenyans transacted 122 Million times via Mobile Money in transactions worth 290 Billion

April 8, 2016
Snapchat

Snapchat launches a Messaging App for Apple Watch users.

June 10, 2025
2025 Afrilabs Annual Gathering

AfriLabs Annual Event Returns to Nairobi With Big Plans for Tech Scene

June 10, 2025
Solar panels in a field.

Kenya’s Solar Industry Warns of Mass Job Losses Over 16% VAT Proposal

June 10, 2025
Infinix GT 30 Pro 5G

Infinix Launches the GT 30 Pro Gaming Phone in India

June 10, 2025
DHgate Tablet Cases deals
microsoft-xbox-rog-console

Microsoft Unveils Its First Handheld Xbox Gaming Console

June 10, 2025
WhatsApp auto-download media quality

You Will Soon Be Able to Pick Download Quality on WhatsApp

June 10, 2025
Apple-WWDC25-iOS-26

Apple Unveils iOS 26: A Redesign with Liquid Glass and Integrated AI

June 10, 2025
DCI Officer Nabbed in Gang Vandalizing Critical 66kV Power Lines

DCI Officer Arrested for Vandalizing Major Power Cables in Nairobi

June 9, 2025
Albert Ojwang

Public Outcry Grows After Albert Ojwang Dies in Police Custody

June 9, 2025
PR firm Redhouse Group liquidated

PR Firm Redhouse Group Closes After Years of Financial Struggles

June 9, 2025
samsung-tri-fold

Samsung’s First Tri-Fold Smartphone Nears Launch After Certification

June 9, 2025
whatsapp chatbots

WhatsApp Will Let Users Control Who Can Share Their Status Updates

June 9, 2025
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
  • News
  • Entertainment
  • Reviews
  • Features
  • Editorial
No Result
View All Result
Techweez | Tech News, Reviews, Deals, Tips and How To
No Result
View All Result

Kenyans transacted 122 Million times via Mobile Money in transactions worth 290 Billion

Eric Wainaina by Eric Wainaina
April 8, 2016
in News
Reading Time: 1 min read
258
0

Mpesa-Agency

The Communication Authority of Kenya released the Q1 2016 statistics report for the period between July and September 2015 on the mobile telephony sector. The report details among other things mobile money statistics, internet penetration as well as data on market share of all the telcos. It also offers insight on courier services and postal services.

Under the period, mobile money subscriptions stood at 26.7 Million subscriptions a decline of 3.6% from 27.7 millionsubs while the number of of mobile money agents stood at 141,542 agents a growth from 135,000 agents. During the quarter over 122,343,743 transactions were conducted using mobile money services with the value of transaction standing at 290.6 Billion shillings.  Person to person transfers stood at 139 Billion with mobile commerce witnessing a massive surge. 102.4 Billion was used to pay for goods and services in 54 Million transactions.

Safaricom’s M-Pesa leads the pack in this segment with M-Pesa with 19 million subscribers  and 96,000 agents. Over the period, 95 million transactions with a value of 267 Billion were conducted via the platform.  The value of E-Commerce transactions stood at 95 Billion while person to person transfers were valued at 124 Billion. Safaricom was followed by Airtel Kenya’s Airtel money, Orange Money, Equitel, MobiKash and Tangaza Money.

Tags: Airtel MoneyMobile Money
SendShare146Tweet92
Eric Wainaina

Eric Wainaina

Eric writes on business, govt policy and enterprise tech.

Related Posts

Report on Mobile money industry in kenya

Kenya’s GDP Per Capita Up $460, Thanks to Mobile Money

April 1, 2025
Google Play Payments Now on Airtel Money

Airtel Money Adds Free Google Play Payments for Kenyan Users

March 27, 2025
Airtel Money’s ‘Paybill Rudishiwa’ Gives back at the Till

Airtel Is Opening Its Paybills to M-Pesa Users Next Month

February 10, 2025
Airtel Money

Airtel Money Under Investigation for Alleged Hidden Fees in Transfers

February 3, 2025
African Fintech's Next Chapter: Bank-Disruptor Partnerships Take Center Stage

Big Moves in African Fintech as Banks, Telcos, and Disruptors Create Partnerships

February 2, 2025
mobile money

KRA’s Christmas “Gift”: New Tax Policy on M-Pesa Paybills and Digital Payments Starts December 25th

December 24, 2024

Latest

Snapchat

Snapchat launches a Messaging App for Apple Watch users.

June 10, 2025
2025 Afrilabs Annual Gathering

AfriLabs Annual Event Returns to Nairobi With Big Plans for Tech Scene

June 10, 2025
Solar panels in a field.

Kenya’s Solar Industry Warns of Mass Job Losses Over 16% VAT Proposal

June 10, 2025
Infinix GT 30 Pro 5G

Infinix Launches the GT 30 Pro Gaming Phone in India

June 10, 2025
microsoft-xbox-rog-console

Microsoft Unveils Its First Handheld Xbox Gaming Console

June 10, 2025
WhatsApp auto-download media quality

You Will Soon Be Able to Pick Download Quality on WhatsApp

June 10, 2025

Best devices

budget smartwatches 2025

Best Budget Smartwatches To Buy in Kenya 2025

February 13, 2025

Best Infinix Smartphones To Buy in Kenya 2024

February 13, 2025

Best Laptops for Battery Life in 2024

August 21, 2024

Best “Battery Warrior” Smartphones To Buy in 2024

August 22, 2024

Snapchat launches a Messaging App for Apple Watch users.

June 10, 2025

AfriLabs Annual Event Returns to Nairobi With Big Plans for Tech Scene

June 10, 2025

Techweez is a fast growing influential source of technology news, reviews and analysis by leading tech geeks in the industry.

Follow Us

Editorials

Actors and Film Crews Are Worried About Veo 3 Taking Their Jobs

Samsung QLED TVs Now Officially Certified for Real Quantum Dot Technology

Trump’s Tariffs Will Be the End of Affordable Tech

5 Ways to Prep Your Tech for Resale

The Weaponization of PDFs: How Cybercriminals Are Exploiting a Trusted Format

Introducing A Brainbox Quiz: Techweez’s Monthly Trivia Night!

More News

Apple Unveils iOS 26: A Redesign with Liquid Glass and Integrated AI

DCI Officer Arrested for Vandalizing Major Power Cables in Nairobi

Public Outcry Grows After Albert Ojwang Dies in Police Custody

PR Firm Redhouse Group Closes After Years of Financial Struggles

Samsung’s First Tri-Fold Smartphone Nears Launch After Certification

WhatsApp Will Let Users Control Who Can Share Their Status Updates

  • Terms Of Use
  • Techweez Brand
  • Privacy & Policy
  • Contact Us

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!

Hey there! Just a heads-up: we're big fans of cookies - both the digital and edible kind! 🍪 We use our cookies and some from third parties to ensure your browsing experience on our site is smooth sailing and secure.

 

But wait, there's more! We also use cookies to gather stats and insights on how you navigate our site. It's like getting a behind-the-scenes peek at your digital adventures!

 

Don't worry, you're in control. You can adjust your cookie settings anytime to suit your preferences. Feeling curious? Dive into our Privacy Policy for all the juicy details. Happy browsing! 🚀

Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
Techweez | Tech News, Reviews, Deals, Tips and How To
Crunchy Cookies 🍪 Ahead!
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
Listen, this legal stuff is about as exciting as watching paint dry. But it basically says we only use your stuff for what you asked us to do, and nobody else gets to peek!
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
It's those sneaky cookie crumbs websites leave behind to count visitors, like counting ants at a picnic! Totally harmless, just for fun facts. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
Hey there! Just letting you know we use some fancy gizmos to remember your preferences. This way, we can show you ads that are, well, not completely bananas.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Make cookies
{title} {title} {title}
No Result
View All Result
  • News
  • Reviews
  • Features
  • Editorial
  • Automotive
  • Entertainment

© 2024 Techweez - Palahala Media Group may earn a commission when you buy through links on our sites.
A Palahala Media Group Brand. All rights reserved.
.