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Kenya's central bank proposes capping mobile money fees at $0.078 by 2028 to boost financial inclusion.
The Central Bank of Kenya proposes capping mobile money transaction fees at KES 10 ($0.078) by 2028, down from KES 23, to boost financial inclusion amid stagnant usage despite high volumes.
The plan, part of the 2025–2028 National Financial Inclusion Strategy, aims to lower costs for basic transfers, improve access to services like digital credit, and address barriers including high fees and low financial literacy.
Public feedback is open until October 9, 2025, with implementation pending parliamentary approval.
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El banco central de Kenia propone limitar las tarifas de dinero móvil a $ 0.078 para 2028 para impulsar la inclusión financiera.