Equity Bank, PayPal now allow for faster cash transfers

Equity Bank customers using the online payment service, PayPal, can now withdraw funds from their account within three business days. Following improvements to the platform, Equity Bank can now process customers’ withdrawal transactions within three business days, down from the previous eight. This service offering from PayPal and Equity Bank is expected to help to nurture the immense opportunities for cross-border commerce offered to Kenyans who trade online.

“PayPal is focused on making e-Commerce safer and easier to use throughout Africa. Kenya has always been a priority market for us, and we are working to ensure that our services are convenient for all our customers,” said Efi Dahan, PayPal’s general manager for Israel and Africa.