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IPSL

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Wallet-enabled remittance solution offering secure, instant money transfers.

Overview

IPSL operates a wallet-enabled remittance solution through its platform, Pesalink, which facilitates secure and instant money transfers in Kenya. The company targets banks, payment service providers, cooperative societies, and a telecommunications company, offering a real-time payment infrastructure that adheres to the ISO20022 global messaging standard. The platform supports various payment types, including business transactions, government-to-person payments, and person-to-merchant payments. IPSL has introduced a period during which transaction charges are waived to attract users, while also focusing on data privacy and security measures to protect against fraud. This strategy aims to address the demand for efficient and secure financial transactions in the region.

Key facts

Founded
2012
Headquarters
Nairobi, Kenya
Sector
Payments

Business model

Contact

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About IPSL

What does IPSL do?

IPSL operates a wallet-enabled remittance solution through its platform, Pesalink, which facilitates secure and instant money transfers in Kenya.

Where is IPSL headquartered?

IPSL is headquartered in Nairobi, Kenya.

When was IPSL founded?

IPSL was founded in 2012.

Which sector is IPSL in?

IPSL operates in Payments, part of Financial Technology.

Who are IPSL's competitors?

Companies similar to IPSL include WebMoney, i-Account, and Waafi.