Digital transactions push cheque to an all time low in Kenya

*Ali Hussein*

Fintech | Digital Transformation

Tel: +254 713 601113

Twitter: @AliHKassim

LinkedIn: Ali’s Profile <ke.linkedin.com/in/alihkassim>
<ke.linkedin.com/in/alihkassim>

Any information of a personal nature expressed in this email are purely
mine and do not necessarily reflect the official positions of the
organizations that I work with.

On Tue, Oct 1, 2024 at 10:44 AM Mwendwa Kivuva via KICTANet <
[email protected]> wrote:

> The decline in cheque transactions in Kenya have reached a four-year low.
> This decrease is attributed to the rising preference for digital
> transactions, driven by advancements in technology and increased adoption
> of mobile money and internet banking. The shift towards digital payments is
> seen as a response to the need for more efficient, secure, and convenient
> financial services. As a result, businesses and individuals are
> increasingly opting for digital platforms over traditional cheque payments.
>
>
> www.businessdailyafrica.com/bd/markets/market-news/cheque-values-fall-to-four-year-low-digital-transactions-rise-4781028
>
>
> Best Regards
> ______________________
> Mwendwa Kivuva
> www.linkedin.com/in/mwendwa-kivuva
>