The decline in cheque transactions in Kenya have reached a four-year low. This decrease is attributed to the rising preference for digital transactions, driven by advancements in technology and increased adoption of mobile money and internet banking. The shift towards digital payments is seen as a response to the need for more efficient, secure, and convenient financial services. As a result, businesses and individuals are increasingly opting for digital platforms over traditional cheque payments.

https://www.businessdailyafrica.com/bd/markets/market-news/cheque-values-fall-to-four-year-low-digital-transactions-rise-4781028

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Mwendwa Kivuva
https://www.linkedin.com/in/mwendwa-kivuva

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