Airtel Money mobile-to-bank transfers open via Pesalink

Airtel Money has signed a deal with the digital payment network Pesalink, allowing the telco’s customers to transfer funds directly from their mobile wallets to bank, Sacco, and microfinance accounts.

Under the partnership with Pesalink’s operator, Integrated Payment Services Limited (IPSL), Airtel Money users can send money to accounts held by 30 banks, Saccos and microfinance institutions connected to the payment platform.