Usage of mobile money by micro and small businesses in Kenya 2018-2021
In March 2021, over 60 percent of micro and small enterprises in Kenya used mobile money for business transactions. The share slightly increased from 59 percent in February 2020. A huge shift in the use of mobile money by small businesses was measured, however, between 2018 and 2020, even before the coronavirus (COVID-19) pandemic. In November 2018, only 18 percent of micro and small enterprises used mobile payments in Kenya.