Monday , 18 December 2017

Home » Banking & Finance » Kes2.5Bn moved on KBA’s PesaLink in 4months

Kes2.5Bn moved on KBA’s PesaLink in 4months

by: Category: Banking & Finance, East Africa, Economy & Politics, Energy, Featured, In Focus, Industry, Technology A+ / A-

Over 3.5million customers plugged on PesaLink transacted Kes2.5billion on the platform in the last four months.

The bank-to-bank money transfer platform is a product of financial technologies firm, Integrated Payment Services Limited (IPSL) – a fully owned subsidiary of Kenya Bankers Association (KBA).

PesaLink, formally launched on Friday, presently has 26 members participating on the platform with the service expected to give Safaricom’s MPESA a run for its money with the capability to transact between Kes10 to Kes999,999 on-the-go.

“We have more planned for the future,” said KBA Chief executive Mr. Habil Olaka.

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Kes2.5Bn moved on KBA’s PesaLink in 4months Reviewed by on . Over 3.5million customers plugged on PesaLink transacted Kes2.5billion on the platform in the last four months. The bank-to-bank money transfer platform is a pr Over 3.5million customers plugged on PesaLink transacted Kes2.5billion on the platform in the last four months. The bank-to-bank money transfer platform is a pr Rating: 0

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