×
App Icon
The Standard e-Paper
Smart Minds Choose Us
★★★★ - on Play Store
Download App

Equitel mobile banking platform hits the market

NAIROBI, KENYA: The dominance of telecoms giant Safaricom Limited in the mobile money transfer business is set to face the first credible threat.

This is in the form of Equitel, a direct interface between a customer’s bank account and the mobile phone-the first such innovation introduced by Equity Bank Group and mobile operator-Airtel Kenya.

The new mobile and banking platform, will offer Equity Bank customers a free service while transferring cash between their bank account and the mobile phone and vice versa, riding on a Thin Sim Technology that will be ideal for those subscribers with mobile phones that are not dual SIM.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
Support Independent Journalism

Stand With Bold Journalism.
Stand With The Standard.

Journalism can't be free because the truth demands investment. At The Standard, we invest time, courage and skills to bring you accurate, factual and impactful stories. Subscribe today and stand with us in the pursuit of credible journalism.

Pay via
M - PESA
VISA
Airtel Money
Secure Payment Kenya's most trusted newsroom since 1902

Related Topics

Equitel