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Kenya’s mobile money platforms processed Ksh24 trillion in transactions in Q1 2024—a 19% year-on-year increase—driven by P2P transfers, bill payments, and merchant services. M-Pesa accounted for 82% of volume, followed by Airtel Money and T-Kash. The Central Bank noted rising use for savings (Ksh1.1 trillion in mobile wallets) and credit. Over 78% of adults now use mobile money regularly. Regulators are finalizing interoperability rules to allow seamless transfers across networks. The sector contributes over 3% to GDP and supports financial inclusion, especially in remote areas.