Safaricom Says Cashless System Boosting Revenue Collection In Counties By Up to 30%
Safaricom says that cashless systems adopted by county governments have diminished leakages and boosted revenues by up to 30 .
The systems have made it easier for citizens to pay dues to the county governments while simultaneously enhancing the counties’ financial management allowing them to plan, control and monitor their finances.
“As part of our vision to help drive a digital-first economy, we have partnered with 43 counties to enable cashless payment systems and out of the 43 counties, 17 have integrated their systems end to end,” said Rita Okuthe, Chief Enterprise Officer, Safaricom.
“In many of the counties that we have helped implement the cashless systems, revenues have gone up by up to three times,” said Okuthe.
The 17 counties that have employed end to end are; Usain Gishu, Kiambu, Kajiado, Nairobi, Nyeri, Laikipia, Nakuru, Mombasa, Kwale, Vihiga, Kisumu, Taita Taveta, Kitui, Makueni, Kericho, Kilifi and Nandi.