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Kenya’s Pesalink links with PAPSS to power instant local-currency payments

Pesalink CEO, Gituku Kirika (left) and PAPSS CEO, Mike Ogbalu III (right) exchange the partnership documents following the signing of the agreement in Nairobi, Kenya.
Pesalink CEO, Gituku Kirika (left) and PAPSS CEO, Mike Ogbalu III (right) exchange the partnership documents following the signing of the agreement in Nairobi, Kenya.
  • Pesalink connects 80+ Kenyan institutions to PAPSS
  • Instant cross-border payments settled in local currencies

 

NAIROBI, KENYA – Pesalink has partnered with the Pan-African Payment and Settlement System (PAPSS) to enable instant 24/7 cross-border payments and accelerate Africa’s financial integration.

The agreement positions Kenya’s de facto instant payment network as a Technical Connectivity Provider on the PAPSS platform, linking more than 80 Kenyan banks, fintechs, SACCOs and telcos to over 160 commercial banks and fintechs across Africa.

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