Pesalink, the interoperable payment network among commercial banks in Kenya has been significant in facilitating ...

Instant account-to-account transfers on Pesalink have become Kenya's fastest-growing payment method. This allows customers to move up to Ksh. 999,999 directly between accounts via mobile banking ...

Nowadays, mobile payments are changing the way people conduct financial transactions. While developed nations have already embraced cashless economies, mobile payments in developing economies are on ...

KENYA: In 2007, Kenya launched a groundbreaking new money transfer service mainly targeting unbanked people. The pioneering service by Safaricom, the country’s largest mobile telephone operator ...

Pesalink survey shows Kenyans prefer instant payments driven by speed, convenience, multi-banked flexibility, and seamless mobile banking experiences.

Cross-border financial service provider Citi has partnered with Visa and Cellulant to unveil Citi Optimised Pay, a new card payments solution designed to improve cash flow for small businesses across ...

Only 43% of African adults have formal bank accounts, but in countries like Kenya and Ghana, mobile money penetration tops 60%. Why? Because Africa skipped the “banking” phase and went straight to ...