The Kenya Bankers Association (KBA) has launched a service known as PesaLink which is a mobile-based payment solution which will enable you to carry out real-time interbank transfers from your NIC Bank account to a recipient’s bank account, mobile phone or credit and debit card.
NIC Bank is one of the banks who have received Central Bank of Kenya (CBK) approval to get on board this service and jointly own and operate PesaLink through the Integrated Payment Services Limited (IPSL), a joint subsidiary of KBA.
This payment platform will enable real-time money transfers from as low as KES 10 to as high as KES 999,999 and will be available via all retail payment channels namely; mobile banking on USSD and the NIC NOW App and Internet Banking.
You will enjoy the following benefits when you link your phone to Pesalink:
Real time transactions 24/7
You can use different channels – Mobile banking on the NIC NOW App or USSD and Online banking,
Security – Direct account to account transfers without cash handling risks
You can transfer large amounts of cash from KES 10 – KES 999,999 at one go