ECommerce Sales Continue To Rise In Kenya

By  |  September 1, 2013
 | 

According to an article by Capital FM, the eCommerce market in Kenya is on the rise. Experts report that online sales growth is largely due to the uptake of mobile banking across the country.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    About 10 million people in Kenya have access to the Internet, and more merchants are expanding into the online space.

    Ben Maina, CEO of online trading firm Rupu said to Capital FM, “People have realised that it is cheaper to shop online (because) you do not have to get a store and all the nitty-gritty that comes with it, thus products are cheaper.”

    Read the full story here.


    Recommended

    stablecoins

    PODCAST: Stablecoins Are Moving Real Money, Just Not That Much of It Yet

    fraud prevention, banking

    68% of Banks Increase Fraud Defense Spending as Account Takeovers Spike

    crypto regulators

    Crypto Embraces Regulator-in-the-Loop Strategy as Federal Rules Roll Out

    AML stablecoins

    Treasury Proposes Anti-Money Laundering Framework for Stablecoin Issuers

    See More In: