International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Open Access | Fully Refereed | Peer Reviewed

ISSN: 2319-7064


Downloads: 54

Masters Thesis | Finance | Kenya | Volume 10 Issue 1, January 2021


Effect of Pesalink and Mvisa on Financial Deepening among Tier 1 Commercial Banks in Kenya

Daniel Mitau Serah, Dr. Gladys Bunyasi


Abstract: The study sought to determine the joint effect of Pesalink and M-visa on financial deepening among tier I commercial banks in Kenya. Descriptive research design was adopted and a total of 8 tier I commercial banks were targeted. Census was used and thus all the 8 banks were covered. Primary data was collected using the questionnaire. The collected data was analyzed using descriptive statistics like means and standard deviations and inferential statistics covering correlation and regression analysis. The results were presented using tables and charts. The study concluded that PesaLink as well as M-visa are significant drivers of financial deepening among tier I commercial banks in Kenya. The study recommends that the sales managers of the tier I commercial banks should invest a lot of resources to create more awareness among customers on the need to increase the adoption of Pesalink and Mvisa. The Central Bank of Kenya should formulate regulations and guidelines that would promote Pesa link and m-visa models among tier I commercial banks in Kenya. The study was limited by a small sample size of 8 tier I commercial banks operating in Kenya. Future studies are recommended to be conducted linking electronic banking with other concepts aside from financial deepening. Besides the tier I commercial banks, future studies can be conducted focusing on the whole commercial banks for generalization of the findings.


Keywords: Financial deepening, Pesalink, Mvisa, Tier I commercial Banks, Market Capitalization


Edition: Volume 10 Issue 1, January 2021,


Pages: 992 - 998


How to Cite this Article?

Daniel Mitau Serah, Dr. Gladys Bunyasi, "Effect of Pesalink and Mvisa on Financial Deepening among Tier 1 Commercial Banks in Kenya", International Journal of Science and Research (IJSR), https://www.ijsr.net/get_abstract.php?paper_id=SR21113235324, Volume 10 Issue 1, January 2021, 992 - 998

How to Share this Article?

Enter Your Email Address


Similar Articles with Keyword 'Market Capitalization'

Downloads: 3 | Weekly Hits: ⮙1 | Monthly Hits: ⮙1

Research Paper, Finance, Nigeria, Volume 10 Issue 7, July 2021

Pages: 1302 - 1313

The Relationship between Stock, Bond Markets and Economic Growth in Nigeria

Ogbebor Peter I., Ajibade Ayodeji T., Onoja Donatus

Share this Article

Downloads: 116

Research Paper, Finance, China, Volume 9 Issue 10, October 2020

Pages: 234 - 236

An Empirical Study on the Impact of CSI 300 Index Options on Stock Market Volatility

Shuyao Liu, Meihua Wang

Share this Article

Similar Articles with Keyword 'Financial'

Downloads: 139 | Monthly Hits: ⮙1

Case Studies, Finance, Tunisia, Volume 8 Issue 8, August 2019

Pages: 1744 - 1749

Scoop on Tunisian Banking System Vulnerabilities and Monetary Policy Features after the Financial Crisis and Political Instability

Salha Ben Salem

Share this Article

Downloads: 154

Research Paper, Finance, Qatar, Volume 8 Issue 11, November 2019

Pages: 1114 - 1129

Beyond Myself: A Phenomenological Study on the Financing Decision Deeds of Overseas Filipino Workers in Qatar

Dr. Fredelito Don John A. Vallesteros, Carlisle Justin Cachuela, Andrei Anthony Y. Sanchez, Dean Daniel T. Santos, Precious Krystal V. Aguba, Juliana Claudette C. Almario, Eliza Elmira Q. Castillo, Dianne Mae B. Menez

Share this Article

Similar Articles with Keyword 'deepening'

Downloads: 95

Masters Thesis, Finance, China, Volume 9 Issue 10, October 2020

Pages: 1257 - 1264

The Influence of International Direct Investment on Enterprise Performance

Tongna Che

Share this Article

Downloads: 106

Research Paper, Finance, Nigeria, Volume 6 Issue 11, November 2017

Pages: 1156 - 1161

Economic Impact of Financial Deepening in Nigeria

Michael Chukwunaekwu Nwafor, Aremu Israel Yomi

Share this Article
Top