How to Accept Payments

Accept Payments from all Kenyan local Banks using Direct Remit.

The Central Bank of Kenya (CBK) has partnered with Direct Remit to enhance the security and transparency of online bank transfers conducted through cryptocurrency wallets. This collaboration aims to ensure the integrity of digital financial transactions and to protect users from fraudulent activities. By leveraging advanced blockchain technology, the partnership enables real-time monitoring and validation of transactions, reducing risks associated with online scams and unauthorized activities.

In addition, the initiative includes the development of a regulatory framework that aligns with international anti-money laundering (AML) and combating the financing of terrorism (CFT) standards. This ensures that all transactions comply with strict verification protocols, making Kenya’s digital financial ecosystem more robust and trustworthy.

Direct Remit, as a trusted global payment solution provider, brings expertise in secure cross-border transactions, while CBK ensures oversight and regulatory compliance. This collaboration also aims to foster greater financial inclusion, allowing individuals and businesses to transact seamlessly and securely, thereby boosting confidence in the use of cryptocurrency wallets for online banking in Kenya.

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