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Kenya
PesaLink
Scheme name: PesaLink
IIPS Type: Bank
Inclusivity level: Not ranked
Year of establishment: 2017
System owner: Kenya Bankers Association
Overseer: Central Bank of Kenya
Operator: IPSL
Total Participants: 35
Back to mapCategory | PesaLink |
---|---|
Geographic reach | Domestic |
Geographic description | Kenya |
Scheme governance | IPSL |
Settlement agent | Central Bank of Kenya |
Participants - commercial banks | 31 |
Participants - MMOs | 1 |
Participants - non-bank PSPs | 3 |
Participants - MFIs | 0 |
Volumes 2018 | 1,560,000 |
Volumes 2019 | 2,015,000 |
Volumes 2020 | 3,049,405 |
Volumes 2021 | 3,875,225 |
Values 2018 | 1,383,197,690 USD |
Values 2019 | 1,649,527,680 USD |
Values 2020 | 2,114,326,228 USD |
Values 2021 | 3,284,914,222 USD |
Values 2022 | 3,879,324,621 USD |
GNI | 108,691,240,331 |
GNI (%) | 4% |
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 | N/A |
Pro-poor governance | Yes |
CB governance involvement | No |
Expanded use cases | No |
Minimum channel functionality | No |
Minimum use case functionality | No |
All licensed PSPs can participate (all-to-all interoperability) | No |
Recourse | No |
Not-for-loss | No |
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