Explain five reasons why mobile banking services are becoming increasingly popular in Kenya.
Answer Text: -Account information. Provide mini statements and checking account balances, access to loan statements, status on cheque books etc-Money transfer. Facilitates transfer of money through mobile at all times-Withdrawals at agents. Mobile phone users(customers) withdraws money through agents using their mobile phones.-Payment of utility bills such as electricity, water and transport-Mobile recharging. It allows customers to top up their airtime
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