Stima Sacco Launch Instant Payment

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Stima Sacco partnered with Pesalink to launch an instant payment service that allows more than 220,000 members to send and receive up to KSh 999,999 through the M-Stima app and USSD. Officials said the integration enables faster transfers between Sacco and bank accounts and improves reconciliation through real-time confirmations. The system also supports business and chama payments and includes name-validation checks to reduce errors. The rollout positions Stima Sacco as an early adopter of national instant payments.