Equity Bank and Airtel Kenya have partnered to offer m-commerce solutions to their customers through Airtel Money.
The m-commerce service, which will be available to all Equity Bank’s customers and Airtel subscribers, will enable users to access Airtel mobile banking platforms, perform agency cash transactions at Equity Bank branches and enable Airtel services customers to withdraw money at any Equity Bank.
James Mwangi, Equity Bank Group chief executive officer (CEO), said: “We shall continue to strengthen our business model through innovation, enhanced use of technology, automation for a better customer experience and collaborations with industry stakeholders such as Airtel.”
Airtel Money is Kenya’s second biggest mobile money service after Safaricom’s M-Pesa.
“This partnership with Equity Bank marks yet another milestone in deepening the accessibility of Airtel Money to our customers throughout Kenya,” said Jayant Khosla chief executive officer (CEO) of Airtel Africa Anglophone.
“The Equity Bank branches countrywide will complement our 10,000 Airtel Money agents spread across Kenya thus making it easier and more convenient for customers to have guaranteed access to Airtel Money deposit and withdrawal of cash.”
Khosla added they will continue to educate their customers on the benefits of using Airtel Money m-commerce solutions including the product’s convenience and ease of use.
“Equity Bank and Airtel Money have a shared commitment in ensuring financial inclusion from many in Kenya and beyond. I’m certain that this relationship will in the days to come empower more people in the larger East Africa region where Equity Bank is operating,” said Khosla.
