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Kenya
Kenya mobile money
Scheme name: Kenya mobile money
IIPS Type: Mobile money
Instruments: E-money
Channels: , POS, USSD, Agent
Use cases: Transfers & remittances (P2P), Merchant payments (P2B), Inventory & business services (B2B), Salaries & wages (B2P)
Inclusivity level: Basic
Year of establishment: 2018
System owner: None (bilateral agreements)
Overseer: Central Bank of Kenya
Operator: None (bilateral agreements)
Total Participants: 3
Back to mapCategory | Kenya mobile money |
---|---|
Geographic reach | Domestic |
Geographic description | Kenya |
Scheme governance | None (bilateral agreements) |
Settlement agent | Bilateral agreements |
Participants - commercial banks | 0 |
Participants - MMOs | 3 |
Participants - non-bank PSPs | 0 |
Participants - MFIs | 0 |
Volumes 2018 | 2,908,790,000 |
Volumes 2019 | 3,136,043,771 |
Volumes 2020 | 3,753,401,695 |
Volumes 2021 | 4,273,233,580 |
Values 2018 | 66,469,992,156 USD |
Values 2019 | 68,792,651,479 USD |
Values 2020 | 81,721,700,999 USD |
Values 2021 | 91,999,152,970 USD |
Interoperability arrangement | Multilateral |
Ownership model | Regulator-owned |
Governance Typology | Private association |
Messaging standard | N/A |
Types of proxy IDs | N/A |
Use of open APIs | N/A |
QR code standard | No |
Pro-poor governance | Yes |
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