Airtel Money, a mobile money service in Kenya, has expanded its financial network by linking with 30 banks, SACCOs, and microfinance institutions through Pesalink. This integration allows users to transfer funds directly between their Airtel Money wallet and bank accounts via the shared payment network.
The partnership enables seamless wallet-to-bank transactions, enhancing financial inclusion for millions of Kenyans. By leveraging Pesalink’s infrastructure, Airtel Money aims to improve access to banking services for underserved populations. The move also supports Kenya’s digital financial services ecosystem.
This development follows Kenya’s ongoing efforts to strengthen its financial technology sector. The government has promoted mobile money as a tool for economic growth and financial inclusion. Airtel Money’s expansion aligns with national goals to increase access to formal financial services. The integration is part of broader initiatives to modernize Kenya’s payment systems.
