Women pay more to access mobile money services

Mobile money

Women are less financially empowered, making them transact smaller amounts – usually less than Sh800 per transaction on average – which attracts higher transaction fees compared with men.

Photo credit: Courtesy

What you need to know:

  • Women’s high utilisation of Fuliza suggests that innovative new mobile money products — in this case a wallet-integrated credit facility — may be valuable in serving their unmet financial needs.

Kenyan women are paying almost twice as much as their male counterparts to access mobile money services, according to a new report.

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