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 ...

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 ...

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 ...

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 ...