Counties’ Collect 30% Revenue Increase After Adopting Cashless Platforms
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During the Sixth Annual Devolution Conference at Kirinyaga University in Kirinyaga County, which started on Tuesday, it emerged that counties record a 30 percent rise in revenues collected shortly after adopting cashless systems.
Speaking during the event, Rita Okuthe,Chief Enterprise Officer, Safaricom said that this has been brought about because the loopholes have been sealed, with citizens finding it easy for them to make payments to the county governments with the governments being at a point of managing, controlling and monitoring their finances with ease.
“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.
Safaricom is the platinum sponsor of this year’s conference.
Source: https://businesstoday.co.ke/cashless-platforms-boost-counties-revenue-30/
