Quantcast
Channel: The Star, Kenya
Viewing all articles
Browse latest Browse all 38789

M-Pesa transactions over Sh300,000 to be checked

$
0
0
THE Central Bank is proposing to start investigating all mobile money transfer services above Sh300, 000 a week, a move that may see business people affected for fear of unnecessary interference. This is less by three times the current maximum allowable limit of Sh980, 000 on services such as Mpesa, Airtel Money, Orange Money and Yu Cash. CBK says the decision will help to fight money laundering and stop the risk of terrorism financing...

Viewing all articles
Browse latest Browse all 38789

Trending Articles