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TUKO.co.ke journalist Japhet Ruto has over eight years of experience in financial, business, and technology reporting, offering insights into Kenyan and global economic trends.
Airtel Money Kenya has partnered with Interbank Pesalink Solutions Limited (IPSL), the operator of the Pesalink platform, allowing wallet holders to transfer funds directly to accounts held at 30 banks, SACCOs, and microfinance institutions across the country.
The company announced the development on its official X account on Tuesday, November 11, describing the move as a step towards greater financial convenience for its customers.
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Customers can initiate transfers either through the My Airtel App or by dialling *334# and following the on-screen prompts.
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The service connects Airtel Money wallets to the broader Pesalink ecosystem, which links a wide network of licensed financial institutions operating in Kenya.
Airtel Money has published a tiered charge structure for transactions processed through the Pesalink integration.
Transactions between KSh 101 and KSh 500 carry a flat fee of KSh 5, while transfers ranging from KSh 45,001 up to the maximum limit of KSh 250,000…
