e-float
noun /ˈiː fləʊt/
/ˈiː fləʊt/
[uncountable]- (in Kenya) money that exists in an account that you can access to make payments, transfer money, etc. on your mobile phone, and that you can add to or exchange for cash by visiting an agent
- More and more people in the region are now using e-float to pay directly for goods and services.
- Registered users can purchase and sell e-float through any of the company’s 12 000 agents.