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PesaLink

FPS

Kenya's real-time interbank payment system. 24/7. Operated by IPSL (owned by Kenya Bankers Association). Enables instant bank-to-bank, bank-to-mobile, and mobile-to-bank transfers. Complements M-Pesa's mobile money dominance.

NowHours: computing from the published schedule…Service condition: not monitored details

ClearingPost does not assess whether PesaLink is running normally.

Next

Dated items ClearingPost holds, each with its source and whether the date is confirmed

No supported upcoming items in ClearingPost's records for PesaLink.

ClearingPost holds sourced upcoming items for 10 of 150 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.

Changed

Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such

No substantive change recorded for PesaLink in ClearingPost's change records.

The full activity log for this system, including context notes, is on the Changes page.

Sources ClearingPost reads Integrated Payment Services Limited · Authoritative (T1) · 6 of 14 fields carry a source and a recorded date · latest sourced entry recorded 16 Apr 2026 · evidence details ↓

Record · PesaLink

Country
Kenya (KE)
Currency
Kenyan Shilling (KES)
Operator
IPSL / KBA
Type
FPS
Operating Window
24/7/365
Year Established
2017
Tier?
Tier 3
ISO 20022?
Migrated
Region
Middle East & Africa
Settlement Type?
Net
Participants
80+ (banks, telcos, fintechs, SACCOs)
Avg Daily Transactions
30,000+
Avg Daily Value
~KSh 4B (~$31M, 2025)
Availability
24/7/365
Notes

Kenya's payment landscape is unique due to M-Pesa dominance (mobile money). KEPSS is the CBK's RTGS (already in registry). PesaLink bridges banks with the mobile money ecosystem. CBK also operates EAPS (East African Payment System) for cross-border.

Reference Sources
Integrated Payment Services Limited
Authoritative (T1)Entry recorded Mar 15, 2026

Operations · PesaLink

Operational monitoring: not configured. ClearingPost does not monitor operational sources for this system and does not assess its current service condition.

Operations lists the systems ClearingPost monitors and the operational events it has recorded.

Intelligence for PesaLink (3)

Coverage whose headline or summary names PesaLink, or names its operator or country together with its system type. Each item quotes that evidence and says whether the source is the PesaLink operator or external.

NewsMar 21, 2026Headline names “PesaLink”
Kenya's PesaLink Joins PAPSS Network, Linking 80 Financial Institutions to Pan-African Payments
The integration of PesaLink with PAPSS marks the first time a national payment switch has served as a direct transaction termination point for the pan-African network. By connecting over 80 Kenyan banks, SACCOs, fintechs, and mobile money operators, the partnership opens East Africa's largest economy to instant cross-border payments in local currencies.
External source · Afreximbank (published 2026-02-26)
AnalysisMar 21, 2026Headline names “Pesalink”
Kenya's Pesalink Becomes First National Payment Switch to Connect Directly to PAPSS for Pan-African Settlement
By connecting over 80 Kenyan financial institutions to more than 160 banks and fintechs across 12 African countries, the Pesalink-PAPSS integration establishes a replicable model for plugging domestic instant payment switches into a continental clearing layer that settles in local currencies without US dollar intermediation.
External source · African Export-Import Bank (Afreximbank)
NewsMar 20, 2026Headline names “Pesalink”
Kenya's Pesalink Connects to PAPSS for Cross-Border Instant Payments in Local Currencies
The integration means payments originating from any of the 19 countries currently connected to PAPSS can now reach Kenyan recipients around the clock. Pesalink serves as Kenya's real-time interbank payment network operated by Integrated Payment Services Limited, connecting the country's commercial banks and providing a bridge to mobile money ecosystems.
External source · Afreximbank