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NEWS & CURRENT AFFAIRS

The Nairobian

KCB upgrades its mobile banking application

Business

By Standard Reporter | Jul 29, 2016

KCB's new application has enhanced mobile banking capabilities and guarantees safety. The new system allows users to access an array of services on their mobile phones.

The mobile banking application, the bank says, will have tighter security features as the lender deepens its digital banking agenda.

With the new look App, users are able to perform a wider array of transactions, ranging from paying utilities, transferring funds across accounts and banks and making e-commerce transactions among other capabilities.

Through the KCB App, users are able to make utility payments such as Water and Electricity payments, with bill reminders set to remind the customer when the bill is due. The KCB App allows users to make money transfers through KCB M-Pesa, SWIFT EFT and RTGS. Through the App, users are also able to pay school fees to over 2,000 schools across Kenya through ‘Lipa Karo’.

“The KCB App, as currently designed is set to revolutionise banking. We believe that technology-based platforms have the potential to significantly accelerate any financial service proposition and we have seen this happen before,” said Samuel Makome, KCB Group Chief Operating Officer.