Over 3.5 million Kenyans have registered on the banking mobile money transfer PesaLink. This is according to the Kenya Bankers Association (KBA).
“Through PesaLink, KBA is literary writing the playbook that will define the shift of payment ecosystem in Kenya and in the region,” said KBA chief executive Habil Olaka, during the fourth Banker Africa – East Africa Awards 2017 gala dinner in Nairobi.
Currently, some 25 banks are using the platform which was launched by KBA in February, through its financial technology (FinTech) firm called Integrated Payment Services Limited (IPSL).
PesaLink allows customers to send money from one bank account to another in a different bank real-time, on bank retail payment channels including the mobile, ATM, Internet banking, agency network, bank branches and soon at point-of-sale (PoS).
