Topic: Fast-Payment System
Cost Implications
Safaricom and Kenya banks criticise CBK's Sh25.9 billion fast payment plan
Jan 27, 2025 at 11:21 AM
A simmering debate has erupted between the Central Bank of Kenya (CBK) and two key players in the country’s financial ecosystem—Safaricom and the Kenya Bankers Association (KBA...
Instant Transfers
CBK unveils plan for instant payments between financial institutions in Kenya
Oct 18, 2024 at 06:33 PM
The Central Bank of Kenya (CBK) has unveiled ambitious plans to launch a groundbreaking Fast-Payment System (FPS), poised to transform how money moves across the country’s financ...
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