56% of surveyed cash-only SMEs report losing business due to customers not carrying cash
Kenyan customers may soon be able to buy goods and services from their local duka using cryptocurrency as fintechs look to ride on Kenya’s key economic system.
The payment landscape in the country has over the years been dominated by cash payments and Mpesa, especially with the small retailers who serve 70 per cent of Kenya’s fast-moving goods.
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The number of cryptocurrency users is projected to reach 733,300 by 2025.
