Skip to content
Investment

Why You Need PesaLink This Festive Season

BY Soko Directory Team · December 24, 2018 08:12 am

If there is something that festive seasons, such as now come with, is spending, and not just spending but lots of spending.

It is very difficult to avoid spending any money, however small it might be during this festive season. Bottom line is, you must spend this season.

The Kenyan banking sector has really been revolutionized. Since the time of customers having to physically visit banking halls to transact, to doing transactions over a mobile phones, a lot has really changed.

Thanks to mobile money platforms, banking in Kenya is just on another level. Currently, any transaction can comfortably be done via a mobile phone.

However, most mobile money services have a limited amount of cash that one can transact on a single day, in the process, inconveniencing many people who would like to transact more than the set limit.

The Kenya Banker’s Association, however, has completely turned things around. Through their new platform, PesaLink, customers can transact up to 999,999 shillings from one bank account to another bank account within the shortest time possible via a mobile phone.

Currently, PesaLink has become one of the most affordable way of sending and receiving cash within seconds. PesaLink is about transacting across bank accounts for more convenience in terms of speed, accountability and affordability.

PesaLink is for those who are not patient enough to wait for a banker’s cheque to “mature”. Why wait for a cheque to take whole two working days when you can receive the same cash within minutes via PesaLink?

How do you link you bank account to your mobile and start transacting via PesaLink? Easy.

First, what do you use for your mobile banking? Is it a banking app? Is it through USSD? Either way, PesaLink has you covered.

Go to your banking up or USSD and find the PesaLink option. Select the Link Your Phone option. Select the account you want to link. Confirm your details and start transacting. That easy. Right?

If you are looking to clearing your bills before “jumping” into the New Year, then PesaLink is your partner in this. You don’t need to visit the bank anymore, same to your client. You can just send the cash direct to their bank accounts within seconds.

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system. Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

Trending Stories
Government and Policy Kenya Is Struggling With Debt As Modest Revenue Is Collected With Limited Development Investment Steve Biko Wafula
Entrepreneur's Corner Kenyan Clients Don’t Care Whether You’re In the ICU: The Brutal Truth Of Entrepreneurship Soko Directory Team
Government and Policy Saccos Clamp Down On Struggling Businesses, Recover Sh491 Million In A Ruthless Crackdown Soko Directory Team
Headlines Are The SACCOS The Infinite Money Glitch Of Kenya? Soko Directory Team
Entrepreneur's Corner The Greatest Skill Everyone Should Master Is The Skill Of Knowing How To Manage Money Soko Directory Team
Related Articles
Investment UBA Group To Commence Full Banking Operations In France Soko Directory Team
Headlines New Business Rises At Strongest Pace In Six Months Soko Directory Team
Headlines Are The SACCOS The Infinite Money Glitch Of Kenya? Soko Directory Team
Investment Why HF Group’s Rights Issue Is The Opportunity You Can’t Ignore Steve Biko Wafula
Investment UBA Kenya’s $282 Million Commitment To Kenyan Entrepreneurs Soko Directory Team
Explore Soko Directory
Banking Blogging Commodity Watch Did you know Entertainment Entrepreneur's Corner Feature Government and Policy Headlines Investment Lifestyle Market News Money Opinion Press Releases Stock Watch Technology
Soko Directory Archives