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The value of transactions between M-Pesa and banks has hit Sh5.58 trillion, thanks to fees waiver, even as Safaricom and lenders rue lost revenue.
Safaricom disclosures show that total M-Pesa transactions in the year ended March 2022 grew 34 per cent to Sh29.55 trillion, with the value of transactions between M-Pesa and banks standing at 18.9 per cent or Sh5.58 trillion.
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