The Central Bank of Kenya has granted authorization to
Pesapal Limited as a Payment Service Provider (PSP) to carry out Payment
Gateway Services in compliance with the National Payment System (NPS) Act,
2011, NPS Regulations 2014.
Founded in 2009, Pesapal provides a simple, safe and secure
way for individuals and businesses to make and accept payments in Kenya
“We are delighted to have this authorization by the CBK. We
will continue to enable payments for merchants and consumers,” says Mark
Mwongela, CEO Pesapal.
Pesapal’s objective is to democratize payments by providing
affordable, innovative, and customized payment solutions to businesses and
The company provides a simple, safe and secure way for
individuals and businesses to make, receive and manage payments, as it
visualizes to be Africa’s safest and most convenient way to pay and get paid.
The CEO added that Pesapal responsibility is to be a leading
Payment Service Provider in Africa, which offers Digital financial services for
individuals and businesses.