PesaLink
- Geographic Reach
Kenya
- Gender
No
- Geographic Region
East Africa
- Coverage
Domestic
- Year Of Establishment
2017
- IPS Type
Cross-domain
- Interoperability Arrangement
Multilateral
- Governance Typology
Industry led
- Ownership Model
Participant-owned
- System Owner
Kenya Bankers Association
- Overseer
Central bank of Kenya
- System Governance
Pesalink Board
- Operator
IPSL
- Settlement Agent
Central bank of Kenya
- Number of Unique IPS End Users
2743838
- Total Number Of Participants
78
- Number of Direct Participants: Commercial Banks
37
- Number Of Direct Participants: E-money Issuers
-
- Number of Direct Participants: MFIs
2
- Number of Direct Participants: Other
-
- Number of Direct Participants: Post Office
-
- Indirect Participants Type
E-money issuers (1), Microfinance organisations (3), SACCOs (2), Other (payment service providers, fintechs. etc. (33)
- Number of Indirect Participants
39
- Supported Use Cases
P2P, P2G, G2P
- Supported Instruments
Credit EFT, Debit EFT
- Primary Local Channel
USSD
- Supported Channels
USSD, App, Browser
- QR Code Enabled Type
-
- Messaging Standard
ISO 8583, ISO 20022
- Proxy ID
Bank account number , Mobile phone number, Merchant ID
- Other Proxy ID Type
-
- Business Model
Not-for-loss
- Pricing Structure
Tiered and fixed
- Scheme Rules Public
No
- Additional Recourse Requirements
No
- Dispute Resolution Mechanism
Yes
- API Functionality
Yes
- Startup Funding Source
KBA and loan
- Participation in Decision Making
No
- Mechanism for Decision Making
-
- Ability to become Direct Participants
No
- Entities that cannot Participate
Participants with no clearing accounts at CBK cannot be direct participants
- Min Value for Transactions
1.00 KES
- Corporate Structure
Private limited company
- Other Corporate Structure
-
- Pull Payment (Request to Pay) Enabled
Yes
- Third Party Connections Enabled
Yes
- realTimePaymentConfirmation
Yes
- Transaction Validation Enabled
Yes
- Inclusivity Ranking
Not ranked