Mobile Money Fees To Get Costlier As Kenya Pushes Digital Taxes, Operators Warn
Summary
Kenya may raise the cost of mobile money transactions by adding new digital taxes under its Finance Bill 2026. Safaricom and Visa warn that the proposed levies would push fees significantly higher for consumers and merchants. The industry argues that the tax burden could weaken mobile money adoption and reduce activity across the digital payments ecosystem. The article also highlights the large scale of M-PESA and the potential impact on Kenya's financial inclusion gains.
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