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Safaricom’s MPESA service marks ten years

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Over two and a half million bank customers have signed up for Peas Link, an innovation by the kenya bankers association to create interoperability among the financial institutions allowing customers to transact up to one million shillings from their bank accounts to another at any given moment through their mobile phones, agents, ATMs and the internet.
The innovation launched a month ago has so far seen 23 banks on board having been cleared by the central bank of Kenya with all banks committed to the initiative.

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