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Kenya
PesaLink
Scheme name: PesaLink
IIPS Type: Bank
Instruments: Credit EFT
Channels: Browser, , POS, USSD, ATM, Branch, Agent
Use cases: Transfers & remittances (P2P)
Inclusivity level: Not ranked
Year of establishment: 2016
System owner: Kenya Bankers Association
Overseer: Central Bank of Kenya
Operator: IPSL
Total Participants: 39
Back to mapCategory | PesaLink |
---|---|
Geographic reach | Domestic |
Geographic description | Kenya |
Scheme governance | Kenya Bankers Association |
Settlement agent | Central Bank of Kenya |
Participants - commercial banks | 31 |
Participants - MMOs | N/A |
Participants - non-bank PSPs | 8 |
Participants - MFIs | N/A |
Volumes 2018 | 1,560,000 |
Volumes 2019 | 2,015,000 |
Volumes 2020 | 2,071,000 |
Volumes 2021 | 2,669,000 |
Values 2018 | 1,383,197,690 USD |
Values 2019 | 1,649,527,680 USD |
Values 2020 | 2,236,599,163 USD |
Values 2021 | 2,743,485,273 USD |
Interoperability arrangement | Third party |
Ownership model | Participant-owned |
Governance Typology | Private association |
Messaging standard | ISO 20022 |
Types of proxy IDs | mobile number |
Use of open APIs | Yes |
QR code standard | No |
Pro-poor governance | Non |
CB governance involvement | Yes |
Recourse | Yes |
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