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Court orders Safaricom, CBK to suspend re - introduction of bank to - Mpesa transaction charges

According to news shared by NTV Kenya, in their Facebook page, Court orders Safaricom, CBK( Central Bank of Kenya) to suspend re-introduction of bank-to-Mpesa transaction charges days after the charges were imposed to their customers.

Court orders Safaricom, CBK to suspend re-introduction of bank-to-Mpesa transaction charges imposed on money transactions on bank to Mpesa transactions , Paybill among other transactions.

Kenyans had a hard time early this year while moving their money from bank to Mpesa account since some charges were to apply.

For example, those using paybill to pay for goods, a transaction cost of four shillings would apply.

These are good news to kenyans as they are now saved from over transaction charges imposed on money transactions.

We would like to here from you. What are your opinions in the court order? Is it beneficial to citizens?

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