At the outset, I congratulate the technical teams from the CDSC, CMA and CBK that ensured the success of this process. Ladies and Gentlemen: We are gathered here today to celebrate another milestone in the development of Kenya’s financial markets and the developments in the payment systems.
Today, customers have realised that the cards offer better convenience and have changed over to large scale usage of the cards, based on their conviction. That the Direct Selling Agents employed by banks hastened the process of migration is an accepted fact, but this was not the major factor in the change process.