PesaLink is a real-time interbank money transfer service in Kenya.

More than 30 Kenyan banks participate in PesaLink, which was launched in February 2017. PesaLink allows users to transfer between Sh10 and Sh999,999 from bank accounts to mobile phone numbers, cards or other bank accounts.

A PesaLink payment can be initiated through one of five main channels: mobile banking, online banking, ATMs, bank branches, agency banks and at point of sale. PesaLink operates 24/7, 365 days a year.

Type Bank transfer
Company behind LPM Integrated Payment Services Ltd
Market share details The service has strong government support and rivals telco-operated mobile money services in Kenya. PesaLink is operated by Integrated Payment Services Ltd (IPSL), a fully owned subsidiary of the Kenya Bankers Association (KBA).
Market relevance Medium
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