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Pesa Link moves Sh8bn in the first five months

Ms Jennifer Theuri, the IPSL chief executive, with Kenya Bankers Association’s Habil Olaka (right) and vice-chairman of the lobby John Gachora at a past event. FILE PHOTO | NMG

By  BRIAN NGUGI

The interbank money transfer platform Pesa Link launched last February transacted Sh8 billion in the five months to August 4.

The platform is offered by Integrated Payment Services Ltd (IPSL), a fully-owned subsidiary of Kenya Bankers Association (KBA), and can handle person-to-person transfers from as low as Sh10 to a high of Sh999,999.

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Note: The results are not exact but very close to the actual.

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