Increased adoption of mobile banking apps has dramatically reduced investment in Automated Teller Machines (ATMs) in Kenya. The number of ATMs per capita is now less than one for every 10,000 people.
Increased adoption of mobile banking apps has dramatically reduced investment in Automated Teller Machines (ATMs) in Kenya. The numbers of ATMs throughout the country has fallen sharply over the past seven months, as almost all of Kenya's banks have taken to offering mobile banking services.